Tadawul sees 3 negotiated deals on SNB, SABIC, Wataniya worth SAR 715.3 mln

23/02/2023 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) witnessed two negotiated deals today, Feb. 23, on the Saudi National Bank (SNB) and Saudi Basic Industries Corporation (SABIC) at a total value of SAR 660.3 million.

 

Wataniya Insurance Co. also saw a negotiated deal on its shares today for a total value of SAR 55 million.

 

The deal accounted for 13.8% of total shares amounting to 40 million.

 

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.

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

SABIC

91.20

91.10

4000000

364.40

SNB

47.10

47.10

6281687

295.87

Wataniya

15.74

10.00

5500000

55.00

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