Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed today, Aug. 7, three negotiated deals worth SAR 113.02 million on Dar Al Arkan Real Estate Development Co. and Al Rajhi REIT Fund.
The deal executed on Al Rajhi REIT’s units, amounting to about two million units, represented roughly 1.2% of the fund’s 161.9 million units in total, as follows:
|
Details |
||||
|
Company/Fund |
Market Price |
Negotiated Price |
Shares Traded |
Value |
|
Dar Al Arkan |
17.48 |
17.36 |
1550000 |
26.91 |
|
3946766 |
68.52 |
|||
|
Al Rajhi REIT |
9.09 |
8.80 |
2000000 |
17.60 |
A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the market price. The negotiated deal shall be conducted under the controls of Tadawul and Capital Market relevant laws and regulations.
The negotiated deal does not impact directly on last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.
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