Nomu sees 523 negotiated deals worth SAR 1.29B in Q1 2024

04/04/2024 Argaam Special
Nomutrading screen

Nomu trading screen 


The Nomu-Parallel Market witnessed 523 negotiated deals on nine stocks and one REIT for a total value of SAR 1.29 billion in Q1 2024, based on the Saudi Exchange (Tadawul) data.

 

A total of 522 negotiated deals worth SAR 1.28 billion were executed on 65.7 million shares.

 

The following table illustrates the details of negotiated deals since 2017:

 

Negotiated Deals Since 2017

Year

Number of negotiated deals

Total volume
(mln shares)

Total value

(SAR mln)

2017

1

0.04

1.24

2018

4

1.51

17.09

2019

11

0.89

39.79

2020

20

1.71

93.63

2021

32

14.08

989.45

2022

159

11.05

1,353.72

2023

195

35.60

1,175.02

Q1 2024

522

65.66

1,285.70

 

March led the way in terms of transaction volume and value, with 61.3 million shares worth SAR 1.14 billion executed in 435 negotiated deals.

 

The table below details the negotiated deals during the period:

 

Details of Negotiated Deals

Month

Number of negotiated deals

Total volume
(mln shares)

Total value

(SAR mln)

January

7

2.35

65.9

February

80

2.03

76.5

March

435

61.28

1143.3

Total

522

65.66

1285.7

 

In terms of value, Jahez International Company for Information System Technology topped with SAR 645.8 million. It was followed by Gas Arabian Services Co. (GAS) with SAR 335.7 million.

 

The following table shows the negotiated deals in terms of value in Q1 2024:

 

Negotiated Deals by Value (Q1 2024)

Company

Number of deals

Average stock price

(SAR)

Total volume

(’000 shares)

Total value (SAR mln)

Jahez

109

31.81

20303.0

645.84

GAS

244

7.97

42125.8

335.66

Edarat

132

432.75

331.5

143.45

Balady

31

120.00

1116.9

134.03

Saudi Azm

2

13.90

1500.0

20.85

United Mining

1

30.00

55.1

1.65

Marble Design

1

75.00

20.0

1.50

Lana Medical

1

34.00

41.0

1.39

Tadweeer

1

8.02

166.0

1.33

 

Nomu witnessed one negotiated deal on Alwaha REIT. The following table details the transaction:

 

Negotiated Deals by REIT (Q1 2024)

REIT

Number of deals

Average price

(SAR)

Total volume

 (’000 units)

Total value (SAR mln)

Alwaha REIT

1

11.00

700.00

7.70

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