Tadawul sees 17 negotiated deals worth SAR 410M

18/01/2024 Argaam
Tadawul trading screen

Tadawul trading screen


The Saudi Exchange (Tadawul) registered 17 negotiated deals today, Jan. 18, for a total value of SAR 410 million on Saudi Arabian Mining Co. (Maaden), Saudi Reinsurance Co. (Saudi Re), Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) and Al Rajhi Bank.

 

The eight deals on Saudi Re involved nearly four million shares worth SAR 82 million, representing about 4.5% of the company's 89.1 million share capital. Details follow:

 

Details

Company

Stock Price
(SAR)

Negotiated Price

(SAR)

Shares Traded
 

Deal Value
(SAR mln)

Maaden

44.80

44.70

225,320

10.07

Saudi Re

23.78

20.50

250,209

5.13

152,648

3.13

152,648

3.13

596,901

12.24

300,834

6.17

1,500,000

30.75

542,892

11.13

250,209

5.13

Al Rajhi Takaful

64.70

63.80

101,849

6.50

209,779

13.38

212,439

13.55

Al Rajhi Bank

86.60

86.40

1,000,000

86.40

1,572,515

135.87

343,983

29.72

334,236

28.88

 

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 supervision of Tadawul and in adherence to the 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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