Tadawul trading screen
Saudi British Bank (SABB) registered two negotiated deals today, July 20, on about 485,000 shares, at a total value of SAR 20.5 million.
In addition, a total of two negotiated deals were executed on 2.6 million shares of Batic Investments and Logistics Co., at a total value of SAR 67.6 million. The deals accounted for almost 4.3% of the company’s 60 million shares. Details of the deals are as follows:
|
Key Facts |
||||
|
Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Batic |
26.30 |
26.30 |
800,000 |
21.04 |
|
1,770,000 |
46.55 |
|||
|
SABB |
42.30 |
42.30 |
284,971 |
12.05 |
|
200,029 |
8.46 |
|||
A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the market price. The negotiated price does not impact directly on the market price.
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