Nomu sees 860 negotiated deals worth SAR 2.1B in H1 2024

03/07/2024 Argaam Special

Nomu sees 860 negotiated deals worth SAR 2.1B in H1 2024

Nomu trading screen


Nomu-Parallel Market witnessed 860 negotiated deals on 22 stocks and one REIT fund for a total value of SAR 2.09 billion in H1 2024, based on the Saudi Exchange (Tadawul) data.

 

Data showed that 859 deals were made on 113.2 million shares, for a total value of SAR 2.08 billion.

 

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

H1 2024

859

113.18

2,085.8

 

March led the way in terms of transaction volume, with 435 negotiated deals on 61.3 million stocks, totaling SAR 1.14 billion, a study by Argaam showed.

 

The table below details the negotiated deals during the year:

 

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

1,143.3

April

277

25.94

429.5

May

32

4.48

78.6

June

28

17.10

292.0

Total

859

113.18

2,085.8

 

In terms of value, Jahez International Company for Information System Technology topped with SAR 679.4 million of negotiated deals, followed by GAS Arabian Services Co. (GAS) with SAR 368.7 million.

 

The following table shows the negotiated deals in terms of value in H1 2024:

 

Negotiated Deals by Value (H1 2024)

Company

Number of deals

Average stock price

(SAR)​

Total volume

(’000 shares)

Total value

(SAR mln)

Jahez

113

31.53

21,546.3

679.38

GAS

314

7.95

46,358.2

368.67

Obeikan Glass

186

36.38

9,160.1

333.26

Saudi Azm

10

13.57

13,360.0

181.33

Edarat

132

432.75

331.5

143.45

Balady Poultry

31

120.00

1,116.9

134.03

Banan

34

4.78

14,341.0

68.60

TAM

2

190.00

270.8

51.46

Nofoth

9

16.64

1,680.0

27.95

Academy of Learning

1

9.39

2,400.0

22.54

Quara Finance

2

16.90

1,068.8

18.06

Armah

2

45.00

355.6

16.00

Sure

2

80.00

100.0

8.00

Paper Home

3

230.00

27.9

6.42

Marble Design

4

75.00

70.0

5.25

Mulkia Investment

1

38.00

130.0

4.94

Riyal

1

27.00

146.8

3.96

ProMedEx

3

100.00

37.2

3.72

Tadweeer

2

9.83

346.0

3.40

Burgerizzr

5

10.04

233.6

2.34

United Mining

1

30.00

55.1

1.65

Lana

1

34.00

41.0

1.39

 

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

 

Negotiated Deals by REIT (H1 2024)

REIT

Number of deals

Average stock price

(SAR)​

Total volume

(’000 units)

Total value

(SAR mln)

Alwaha REIT

1

11.00

700.0

7.70

 

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