Saudi Azm, Jahez log 3 negotiated deals at SAR 34.1M

14/02/2024 Argaam

Saudi Azm, Jahez log 3 negotiated deals at SAR 34.1M

Nomu trading screen


The Nomu-Parallel Market witnessed today, Feb. 14, three negotiated deals worth about SAR 34.1 million on Saudi Azm for Communication and Information Technology Co. and Jahez International Co. for Information System Technology.

 

The two deals that took place today on Saudi Azm worth SAR 1.5 million, with nearly 20.8 shares traded. The deals  represented nearly 2.5% of the company’s 60 million shares, as shown below:

 

Details

Company

Stock Price
(SAR)

Negotiated Price

(SAR)

Shares Traded
 

Deal Value
(SAR mln)

Saudi Azm

14.46

13.90

750,000

10.43

750,000

10.43

Jahez

32.60

32.30

408,991

13.21

 

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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