Tadawul sees 5 negotiated deals worth SAR 147.3M

29/01/2024 Argaam
Tadawul trading screen

Tadawul trading screen


Five negotiated deals were executed on the Saudi Exchange (Tadawul) today, Jan. 29, on National Co. for Learning and Education (NCLE), United International Transportation Co. (Budget Saudi), Saudi Kayan Petrochemical Co. (Saudi Kayan) and Arab National Bank (ANB), at a total of SAR 147.3 million.

 

The transaction executed on NCLE was valued at SAR 107.7 million and included roughly 731,800 shares. It represented about 1.7% of the company’s capital, which consists of 43 million shares, as shown below:

 

Key Facts

Company

Stock Price

(SAR)

Negotiated Price

(SAR)

Shares Traded

Deal Value

(SAR mln)

NCLE

147.60

147.20

731,785

107.72

Budget Saudi

79.70

79.50

165,518

13.16

Saudi Kayan

9.65

9.65

500,000

4.83

900,000

8.69

ANB

26.05

25.80

500,000

12.90

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the market price. It is executed under the supervision of Tadawul and in adherence to the 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 market/sector indices.

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