Tadawul sees negotiated deal worth SAR 10 mln on Arabia Insurance

04/01/2023 Argaam
Tadawul trading screen

Tadawul trading screen

The Saudi Exchange (Tadawul) witnessed a negotiated deal today, Jan. 4, on Arabia Insurance Cooperative Co. (AICC), at a total value of SAR 10 million.

 

The deal represented 1.9% of the insurer’s 53 million share capital.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

AICC

10.02

10.00

1000000

10.00

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated deal shall be conducted under the controls of Tadawul and Capital Market relevant laws and regulations.

 

The negotiated deal does not impact directly on last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.

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