Tadawul sees 3 negotiated deals worth SAR 90.7 mln on Thursday

03/02/2022 Argaam
Tadawul trading screen

Tadawul trading screen


Saudi National Bank (SNB) saw a negotiated deal on its shares today, Feb. 3, where 302,357 shares were privately traded for SAR 21.98 million.

 

United Cooperative Assurance Co. (UCA) also saw a negotiated deal today on 1.05 million shares for a total of SAR 35.6 million. The deal represented 2.6% of the insurer’s total shares of 40 million.

 

Meanwhile, Arabia Insurance Cooperative Co. (AICC) witnessed a negotiated deal on 872,566 shares representing 3.3% of its 26 million shares capital.

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price.

 

The negotiated price does not impact directly on market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

AICC

38.00

38.00

872566

33.16

UCA

34.20

34.00

1,046,189

35.57

SNB

72.50

72.70

302,357

21.98

 

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