SABIC, SNB, Dar Al Arkan see 3 negotiated deals worth SAR 225.5 mln today

15/06/2022 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) witnessed today, June 15, two negotiated deals worth SAR 36.5 million on shares of Saudi Basic Industries Corp. (SABIC) and Saudi National Bank (SNB).

 

In addition, a negotiated deal was made for 14 million shares of Dar Al Arkan Real Estate Development Co., at a total value of SAR 189 million. The deal represents nearly 1.3% of the developer’s total 1.08 billion shares.

 

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)

Dar Al Arkan

14.24

13.50

14,000,000

189.00

SABIC

108.80

109.00

150,000

16.35

SNB

66.80

67.00

300,000

20.10

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.