Tadawul sees 2 negotiated deals worth SAR 22.2 mln, 3 deals on Gulf Union Alahlia worth SAR 18.8 mln

23/08/2022 Argaam

Tadawul trading screen


The Saudi Exchange (Tadawul) registered two negotiated deals today, Aug. 23, on Bank Albilad and Ataa Educational Co., at a total value of SAR 22.2 million.

 

The market also saw three negotiated deals on 1.88 million shares of Gulf Union Alahlia Cooperative Insurance Co., representing 4.1% of its 45.9 million shares capital, at a total value of SAR 18.8 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.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Gulf Union Alahlia

9.62

10.00

809,588

8.10

317,147

3.17

753,885

7.54

Bank Albilad

55.20

55.20

200,000

11.04

Ataa Educational

55.60

55.60

200,000

11.12

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