Tadawul sees 2 negotiated deals worth SAR 62.5 mln on SABB, 2 deals worth SAR 40.9 mln on NADEC

06/06/2022 Argaam
Tadawul trading screen

Tadawul trading screen


Saudi British Bank (SABB) registered two negotiated deals today, June 6, at a total value of SAR 62.5 million.

 

Meanwhile, National Agricultural Development Co. (NADEC) witnessed two negotiated deals, through which nearly 1.2 million shares were traded at SAR 40.9 million. This represents nearly 1.2% of the company’s total number of shares reaching 101.6 million.

 

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)

NADEC

33.20

34.50

592,500

20.44

592,500

20.44

SABB

41.80

41.80

500,000

20.90

42.00

990,596

41.61

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.