ACIG logs SAR 65.5M negotiated deal

Tadawul trading screen

The Saudi Exchange (Tadawul) witnessed today, May 8, one negotiated deal worth SAR 65.5 million on Allied Cooperative Insurance Group (ACIG).

The deal represented around 15% of the company’s 29.1 million share capital, as shown below: 

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 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.