Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed a negotiated deal today, June 22, on Saudi National Bank (SNB), at a total value of SAR 31.2 million.
In addition, a negotiated deal was made for nearly 650,000 shares of United Electronics Co. (eXtra), amounting to SAR 74.4 million. The deal represents nearly 1.1% of the company’s total 60 million 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.
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Key Facts |
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Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
eXtra |
114.40 |
114.40 |
650,000 |
74.36 |
|
SNB |
65.60 |
65.60 |
475,833 |
31.21 |
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