Tadawul sees 6 negotiated deals worth SAR 968.4 mln

06/12/2022 Argaam
Nomu trading screen

Nomu trading screen


The Saudi Exchange (Tadawul) witnessed six negotiated deals today, Dec. 6, on Al Rajhi Bank, Saudi Basic Industries Corp. (SABIC), Saudi National Bank (SNB), Arabian Drilling Co. (ADC) and Al Hammadi Holding Co., at a total value of SAR 968.4 million. 

 

The negotiated deal on Al Hammadi included 1.6 million shares worth SAR 68.3 million. It 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)

Al Rajhi Bank

76.90

76.90

5000000

384.50

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

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.