Tadawul sees negotiated deal worth SAR 24 mln on Wataniya Insurance

08/02/2023 Argaam
Tadawul Trading Screen

Tadawul Trading Screen

The Saudi Exchange (Tadawul) witnessed one negotiated deal today, Feb. 8, on Wataniya Insurance Co., at a total value of SAR 24 million. 

 

The deal represented 5%, or around 2 million, of the insurer’s total 40 million shares.  

 

Details

Company

Stock Price
(SAR)

Deal Price
(SAR)

Deal Volume

(share)

Deal Value
(SAR mln)

Wataniya Insurance

16.02

12.00

2000000

24.00
 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the 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 directly impact the last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.

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