Tadawul sees 5 negotiated deals worth SAR 75.2M

04/12/2024 Argaam
Tadawul trading screen

Tadawul trading screen 


The Saudi Exchange (Tadawul) witnessed today, Dec. 4, five negotiated deals worth SAR 75.2 million on Riyadh Cement Co., Bupa Arabia for Cooperative Insurance Co., Al Rajhi Bank, and Morabaha Marina Financing Co. (MRNA), and Saudi Awwal Bank (SAB).

 

The market witnessed a significant deal on the MRNA counter for about 907,000 shares valued at SAR 10 million. The deal represented about 1.3% of MRNA’s total shares, amounting to 71.4 million. 

 

The following are the details of the deals:

 

Details

Company

Stock Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Deal Value
(SAR mln)

SAB

31.75

31.65

557,000

17.63

Al Rajhi Bank

90.80

90.90

390,000

35.45

Riyadh Cement

32.75

32.65

85,000

2.78

Bupa Arabia

197.00

195.80

48,025

9.40

MRNA 

11.06

11.00

907,005

9.98

 

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 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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