Alhokair Group sees negotiated deal worth SAR 19.2 mln on Thursday

Tadawul trading screen

Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) saw a negotiated deal on its shares today, June 23, where 1.9 million shares were privately traded at a total value of SAR 19.2 million.

The deal represented about 2.9% of the company's total 65 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.