Nofoth, Banan see SAR 28.2 mln negotiated deals

Nomu trading screen 

Nomu-Parallel Market witnessed today, Aug. 29, two negotiated deals worth SAR 28.2 million on Banan Real Estate Co. and Nofoth Food Products Co.

Nearly 1.03 million Nofoth shares were traded for SAR 18.63 million, representing nearly 4.3% of the company's 24 million shares, as follows:  

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/lowest stock price, opening/closing price, or even the market/sector indices.