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 |
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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 |
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SABB |
41.80 |
41.80 |
500,000 |
20.90 |
42.00 |
990,596 |
41.61 |
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