Petro Rabigh stock sees a negotiated deal on Tuesday

23/10/2018 Argaam

Rabigh Refining & Petrochemical Co. (Petro Rabigh) saw a negotiated deal on its stock today, where 100,000 shares were privately traded at a negotiated price of SAR 19.04 per share against an official price of SAR 19.26.

 

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.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Petro Rabigh

19.26

19.04

100,000

1.90

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