Tadawul sees 2 negotiated deals worth SAR 15.7 mln on AICC

15/01/2023 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) registered two negotiated deals today, Jan. 15, on Arabia Insurance Cooperative Co. (AICC) worth SAR 15.7 million.

 

The deals represent 3% of the company’s total capital, which stands at 53 million shares.

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from 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)

AICC

10.12

10.00

1,200,000

12.00

370,000

3.70

 

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