Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed today, Nov. 1, three negotiated deals worth SAR 26.2 million on Ataa Educational Co. (Ataa), SAL Saudi Logistics Services Co. (SAL) and Saudi Investment Bank (SAIB), as follows:
Details |
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Company |
Market Price |
Negotiated Price |
Shares Traded (Share) |
Value |
Ataa |
61.10 |
57.00 |
149737 |
8.54 |
SAIB |
14.94 |
14.90 |
1000000 |
14.90 |
SAL |
134.00 |
127.20 |
21600 |
2.75 |
According to data available on Argaam, the shares of SAL Logistics were listed and began trading on Tadawul today.
The company offered 24 million shares, representing 30% of its capital, for public subscription at a price of SAR 106 per share.
A negotiated deal involves a stock purchase based on an agreement between buyers and sellers, apart from the market price. The negotiated deal is executed under the controls of Tadawul and relevant capital market laws and regulations.
The negotiated deal does not directly impact the last deal price, highest/lowest stock price, opening/closing price, or market/sector indices.
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