Tadawul executes 6 short-selling deals

16/03/2023 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) witnessed, on March 15, six short-selling deals on  ACWA Power, Advanced Petrochemical Co., Saudi Kayan Petrochemical Co., Dallah Healthcare Co., Emaar The Economic City (Emaar EC), and Alamar Foods Co. as follows: 

 

Short Positions

Company 

Net short positions to total issued shares 

Net short positions to free-float shares 

Short ratio/average daily traded volume 

ACWA Power 

0.0091974%

0.0224584 %

0.4103244

Advanced

0.0220873 %

0.0222697 %

0.1246506

Saudi Kayan

0.0057187 %

0.0087981 %

0.0633770

Dallah Healthcare 

0.0321618%

0.0542096 %

0.2165788

Emaar EC

0.0087434 %

0.0271138 %

0.0836902

Alamar  

0.2631647 %

0.6158081 %

1.2678236

 

The following table details capital of companies on which transactions were executed and the number of shares:

 

Companies’ Capital, Number of Shares in Transactions

Company

Capital (SAR mln)

Number of Shares (mln)

Number of Shares/ Transactions

(‘000 shares)

ACWA Power 

7311.00

731.10

67.24

Advanced

2600.00

260.00

57.43

Saudi Kayan

15000.00

1500.00

85.78

Dallah Healthcare 

976.81

97.68

31.42

Emaar EC

11333.33

1133.33

9.91

Alamar  

 

   

 

Tadawul approved amendments to the Short-Selling Regulations and the Securities Borrowing and Lending (SBL) Regulations, which came into effect on March 6, 2022.

 

A short-selling transaction means any sell of a listed security, which is borrowed sufficiently to match the sell order, or the seller has an exercisable and unconditional rights to borrow, in accordance with the SBL Regulations.

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