Riyad Bank, SHL see SAR 201.5 mln negotiated deals

28/08/2023 Argaam
Tadawul trading screen

Tadawul trading screen 


The Saudi Exchange (Tadawul) witnessed today, Aug. 28, three negotiated deals worth SAR 201.5 million on Riyad Bank and SHL Finance Co. shares. 

 

SHL saw two negotiated deals executed on about 1.92 million shares, valued at SAR 36.98 million, representing nearly 1.9% of the company’s total 100 million shares, as follows: 

 

Details

Company

Market Price (SAR)

Negotiated Price (SAR)

Shares Traded

Value (SAR mln)

Riyad Bank

30.00

30.00

5,485,000

164.55

SHL

19.28

19.30

1,131,122

21.83

19.18

790000

15.15

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated deal is conducted under the control of Tadawul and relevant capital market laws and regulations.

 

The negotiated deal does not directly impact the last deal price, highest or lowest stock price, opening or closing price, or even the market or sector indices.

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