Tadawul sees 8 negotiated deals worth SAR 245.5 mln

09/08/2023 Argaam

Budget Saudi, SAB see 3 negotiated deals worth SAR 40.4 mln

Tadawul Trading Screen


The Saudi Exchange (Tadawul) witnessed today, Aug. 9, eight negotiated deals worth SAR 245.5 million on United International Transportation Co. (Budget Saudi), Saudi Awwal Bank (SAB), Dar Al Arkan Real Estate Development Co. and Saudi Basic Industries Corp. (SABIC).

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Budget Saudi

64.50

65.50  

68311

4.47

Dar Al Arkan

17.28

17.60

2400000

42.24

SAB

36.40

35.90  

250000

8.98

750000

26.93

36.00

2800000

100.80

SABIC

84.40

86.00

142139

12.22

142139

12.22

437861

37.66

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the market price. The negotiated deal is conducted under the controls of Tadawul and relevant capital market laws and regulations.

 

The negotiated deal does not directly impact the last deal price, highest or lowest stock price, opening or closing price, or market or sector indices.

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