Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed today, April 9, five negotiated deals worth SAR 1 billion on Dar Al Arkan Real Estate Development, with nearly 62.1 million shares traded.
The deals represented about 5.75% of the company’s 1.08 billion shares.
Meanwhile, the units of Alkhabeer REIT Fund saw a negotiated deal at a value of SAR 4.2 million, with 700,000 units traded.
Details |
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Company |
Market Price |
Negotiated Price |
Shares Traded |
Value |
Alkhabeer REIT |
6.64 |
6.00 |
700000 |
4.20 |
Dar Al Arkan |
15.80 |
15.80 |
34000000 |
537.20 |
15.78 |
9400000 |
148.33 |
||
6500000 |
102.57 |
|||
5700000 |
89.95 |
|||
6500000 |
102.57 |
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.
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