Tadawul: a put through trade on Al Rajhi shares

03/12/2014 Argaam

49 million shares of Al Rajhi Bank were traded today Wednesday December 03, 2014, in a put through trade at SAR 63/share raising an amount of SAR 3.1 billion, as shown in the table below:
 

 

Put Through Trade details

Total value (SAR million)

Number of Shares Traded(SAR)

Put through trade price

(SAR)

Share price

(SAR)

Company

3087.00

49000000

63.00

60.00

Al Rajhi Bank

         
 

According to Tadawul; put through trades are the orders executed when a seller investor and a buyer investor agree to trade in specific instruments at a specific price in accordance with the Saudi Exchange market’s (Tadawul) requirements as well as rules and regulations issued by the Capital Market Authority (CMA).
 

Put through trades do not affect the last trading price, high or low price, opening or closing price, market or sector indices.

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