Tadawul sees 4 negotiated deals worth SAR 111.6 mln

05/01/2023 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) witnessed three negotiated deals today, Jan. 5, on Dar Al Arkan Real Estate Development Co. and Saudi Budget, at a total value of SAR 101.6 million.

 

Moreover, Arabia Insurance Cooperative Co. (AICC) saw a negotiated deal, at a value of SAR 10 million, with nearly 10 million shares traded. The deal represented about 1.9% of the insurer’s 53 million share capital.

 

Details

Company

Market Price

(SAR)

Negotiated Price

(SAR)

Shares Traded

Value

(SAR mln)

AICC

10.04

10.00

1000000

10.00

Saudi Budget

46.00

45.95

173967

7.99

Dar Al Arkan

11.84

10.76

4500000

48.42

4200000

45.19

 

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.

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.