Tadawul Sees 4 negotiated deals worth SAR 139.7 mln

09/07/2023 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) registered today, July 9, four negotiated deals worth SAR 139.7 million on SHL Finance Co., Dar Al Arkan Real Estate Development Co., Jamjoom Pharmaceuticals Factory Co. (Jamjoom Pharma), and Al Rajhi REIT Fund.

 

SHL’s deal comprised 2.6 million shares, representing 2.6% of the company’s 100 million shares, at a total value of SAR 50.4 million.  

 

Meanwhile, Al Rajhi REIT’s deal was carried out on four million units, representing 2.5% of the total fund units of 161.9 million, at a total value of SAR 35.2 million. 

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the market price. The negotiated price does not directly impact the market price.

 

Details

Company/Fund

Market Price

(SAR)

Negotiated Price (SAR)

Shares/Units Traded

Value

(SAR mln)

SHL

19.28

19.40

2,600,000

50.44

Dar Al Arkan

15.94

15.80

3,300,000

52.14

Jamjoom Pharma

111.40

113.00

16,989

1.92

Al Rajhi REIT

9.45

8.80

4,000,000

35.20

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