Sipchem sees 5 negotiated deals worth SAR 308.3M

05/05/2024 Argaam

Sipchem sees 5 negotiated deals worth SAR 308.3M

Tadawul trading screen


SAR 308.3 million on Almasane Alkobra Mining Co. (AMAK), Yanbu Cement Co. and Sahara International Petrochemical Co. (Sipchem).

 

Spichem saw two deals on nearly 9.6 million shares, or about 1.3% of the company’s 733.3 million share capital, as follows: 

 

Details

Company

Stock Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Deal Value
(SAR mln)

AMAK

59.70

58.40

52016

3.04

Yanbu Cement

28.85

28.75

68000

1.96

132000

3.80

Sipchem

34.00

31.30

3,405,395

106.59

6,163,951

192.93

 

For more details on negotiated deals

 

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 the relevant capital market laws and regulations. 

 

In addition, negotiated deals do not affect the last deal price, the highest/lowest stock price, the opening/closing price, or market/sector indices. 

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