Jabal Omar, Musharaka REIT stocks see negotiated deals on Wednesday

06/02/2019 Argaam

Jabal Omar Development Co. saw a negotiated deal on its stock today, where over 214,000 shares were privately traded at a negotiated price of SAR 34.85 per share against an official price of SAR 31.35.

 

Musharaka REIT Fund has also seen a negotiated deal on its units today, where over 1.25 million units were privately traded for a total value of SAR 10 million.

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not directly impact the market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Jabal Omar

 

34.85

 

 

31.35

 

214,052

6.71

 

Musharaka REIT

 

8.03

8.00

1,250,000

10.00

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