SABIC, Al Rajhi Bank, Batic see 3 negotiated deals worth SAR 55.2 mln on Monday

27/06/2022 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) registered two negotiated deals today, June 27, on Saudi Basic Industries Corp. (SABIC) and Al Rajhi Bank, amounting to SAR 38 million.

 

In addition, a negotiated deal was made for nearly 700,000 shares of Batic Investments and Logistics Co., valued at SAR 17.2 million. The deal represents nearly 1.2% 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.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

SABIC

102.00

100.00

85,984

8.60

Al Rajhi Bank

85.00

82.00

358,603

29.41

Batic 

24.66

24.50

700,000

17.15

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