Tadawul sees 3 negotiated deals at SAR 199 mln

30/08/2023 Argaam
Tadawul trading screen

Tadawul trading screen 


The Saudi Exchange (Tadawul) witnessed today, Aug. 30, three negotiated deals worth SAR 198.9 million on East Pipes Integrated Company for Industry, SHL Finance Co. and Saudi Awwal Bank (SAB).

 

A deal was executed on nearly 1.1 million shares of East Pipe at a total value of SAR 68.5 million. The deal represented around 3.5% of the company’s 31.5 million shares.

 

 SHL deal was executed on approximately 4.2 million shares, representing 4.2% of the company’s 100 million shares at a total value of SAR 80.6 million.

 

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

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

East Pipes

65.50

62.00

1104962

68.51

SAB

35.65

35.65

1395963

49.77

SHL

19.26

19.20

4200000

80.64

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