Tadawul: 5 short-selling deals executed on March 9

12/03/2023 Argaam
Tadawul trading screen

Tadawul trading screen


Five short-selling deals were executed on Tadawul-listed ACWA PowerAdvanced Petrochemical Co., Saudi Kayan Petrochemical Co.Dallah Healthcare Co. and Alamar Foods Co. on March 9.

 

The deals are as follows:

 

Short Positions

Company

Net short positions to total issued shares

Net short positions to free-float shares

Net short ratio/average daily traded volume

ACWA Power

0.0057779%

0.0141085%

0.2342465

Advanced

0.0121035%

0.0122056%

0.0660287

Saudi Kayan

0.0102533%

0.0157743%

0.1064182

Dallah Healthcare

0.0325375%

0.0548429%

0.2119068

Alamar

0.2631647%

0.6158081%

1.2163885

 

The following table indicates the development of capital changes of the companies that witnessed short-selling deals: 

 

Capital and Number of Deal Shares 

Company

Capital

(SAR mln)

Number of shares

(mln)

Number of deal shares

(‘000)

ACWA Power

7311.00

731.10

731.10

Advanced

2600.00

260.00

260.00

Saudi Kayan

15000.00

1500.00

1500.00

Dallah Healthcare

976.81

97.68

97.68

Alamar 

255.00

25.50

25.50

 

Tadawul approved amendments to the Short-Selling Regulations and the Securities Borrowing and Lending (SBL) Regulations, which took effect on March 6, 2022.

 

A short selling transaction means any sale of a listed security, which is borrowed sufficiently to match the sell order, or the seller has an exercisable and unconditional rights to borrow, in accordance with the SBL Regulations.

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