Batic among 3 firms see negotiated deals worth SAR 54.1 mln on Sunday

03/07/2022 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) registered three negotiated deals today, July 3, on Batic Investments and Logistics Co., Wataniya Insurance Co. and Saudi Arabian Mining Co. (Maaden), amounting to SAR 54.1 million.

 

The negotiated deal which was made for nearly 825,000 shares of Batic Investments and Logistics Co., valued at SAR 20.5 million. The deal represents nearly 1.4% of the company’s total 60 million shares.

 

In addition, the deal that took place on Wataniya represented about one million shares, with a total value of SAR 16.5 million. The deal accounted for about 2.5% of the company’s total 40 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)

Batic

24.90

24.90

825,000

20.54

Wataniya

15.56

16.50

1,000,000

16.50

Maaden

50.00

49.00

342,000

17.07

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