Nomu sees 6 negotiated deals worth SAR 28.6M

02/06/2024 Argaam
Nomu trading screen

Nomu trading screen


The Nomu-Parallel Market witnessed today, June 2, six negotiated deals worth about SAR 28.6 million on Banan Real Estate Co. and Quara Finance Co.

 

As many as two negotiated deals were executed on nearly 1.1 million Quara shares, at a total value of SAR 18.1 million. The deals represented around 3.6% of the company’s 30 million share capital.

 

Four others were carried out on roughly about 2.2 million of Banan’s shares for SAR 10.5 million, accounting for almost 1.1% of its 200 million share capital, as indicated below:

  

Details

Company

Stock Price
(SAR)

Negotiated Price

(SAR)

Shares Traded
 

Deal Value
(SAR mln)

Quara

16.90

16.90

668,763

11.30

400,000

6.76

Banan

5.00

4.80

1,041,666

5.00

371,666

1.78

670,000

3.22

5.00

100,000

0.50

 

 

A negotiated deal involves a stock purchase based on an agreement between buyers and sellers, apart from the market price. It is executed under the control of the Saudi Exchange (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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