National Petrochemical Co. (Petrochem) saw a negotiated deal on its stock today, where about 104,500 shares were privately traded at a negotiated price of SAR 28.00 per share against an official price of SAR 27.00.
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 market price.
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Key Facts |
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Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Petrochem |
27.00 |
28.00 |
104,500 |
2.93 |
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