Tadawul sees 4 negotiated deals worth SAR 101.3M

25/02/2024 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) witnessed today, Feb. 25, four negotiated deals worth SAR 101.3 million on Batic Investments and Logistics Co., Jazan Energy and Development Co. (JAZADCO) and Saudi Tadawul Group Holding Co. (Tadawul Group).

 

The SAR 82.6 million negotiated deal was made on nearly 36.5 million shares of Batic, representing about 6.1% of the company’s 600 million shares. Details of the deals are as follows:

 

Details

Company

Stock Price
(SAR)

Negotiated Price

(SAR)

Shares Traded

Deal Value
(SAR mln)

Batic

2.29

2.26

26,450,000

59.78

 

10,092,670

22.81

JAZADCO

16.46

16.20

587,015

9.51

Tadawul Group

227.80

228.40

40,200

9.18

 

For more details on negotiated deals

 

A negotiated deal involves a stock purchase based on an agreement between buyers and sellers, apart from the market price. The negotiated deal 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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