Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed today, May 23, four negotiated deals worth SAR 77.7 million on Saudi Cable Co., Saudi Awwal Bank (SAB), Arabian Centres Co. (Cenomi Centers) and Abdullah Al Othaim Markets Co.
A SAR 17.3 million negotiated deal was made on nearly 224,700 shares of Saudi Cable, representing about 3.4% of the company’s 6.7 million shares, as shown below:
Details |
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Company |
Stock Price |
Negotiated Price (SAR) |
Shares Traded |
Deal Value |
Saudi Cable |
73.60 |
77.00 |
224,693 |
17.30 |
SAB |
39.65 |
39.70 |
538,295 |
21.37 |
Cenomi Centers |
22.08 |
22.20 |
500,000 |
11.10 |
Al Othaim |
12.16 |
12.16 |
2,300,000 |
27.97 |
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 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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