Tadawul sees 5 negotiated deals worth SAR 613.9 mln

06/12/2022 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) witnessed five negotiated deals today, Dec. 6, on Saudi Basic Industries Corp. (SABIC), Saudi National Bank (SNB), Arabian Drilling Co. (ADC) and Al Hammadi Holding Co. at a total value of SAR 613.9 million.

 

The negotiated deal on Al Hammadi Holding Co. included 1.6 million share worth SAR 68.3 million. The deal represented about 1% of the company’s share capital, which consists of 160 million shares.  

 

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 market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price

(SAR)

Shares Traded

Value

(SAR mln)

SABIC

81.00

81.50

3500000

285.25

SNB

48.00

48.30

5294915

255.74

Arabian Drilling

114.00

113.00

20426

2.31

20426

2.31

Al Hammadi

42.00

41.80

1633369

68.27

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