Dr. Sulaiman Al Habib Medical Services Group (HMG) saw 2 negotiated deals on its shares today, where about 219,900 shares were privately traded at a negotiated price of SAR 50.00 per share against an official price of SAR 54.70 for the total of SAR 10.99 million.
Bank Albilad also saw 2 negotiated deals on 2.2 million shares for the total of SAR 37.28 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 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) |
|
Albilad |
18.64 |
17.00 |
700,000 |
11.90 |
|
16.92 |
1,500,000 |
25.38 |
||
|
Al Habib |
54.70 |
50.00 |
195,058 |
9.75 |
|
24,847 |
1.24 |
|||
HMG started trading today, March 17, on the Saudi Stock Exchange (Tadawul) under the symbol 4013 in the healthcare sector, according to data compiled by Argaam.
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