Tadawul: Three put through trades on Dar Al Arkan for 26.4m shares:

18/02/2014 Argaam

26.4m shares of Dar Al Arkan Real Estate Development Company were traded today in three put through trades at SAR 10.65/share, as shown in the table below:

Put through trades Details

Value in million (SAR)

Number of Shares Traded(SAR)

Put through trade price

Company

      140.62

13,204,225

10.65

Dar Al-Arkan

9.38      

881,215

10.65

 Dar Al-Arkan

131.25    

12,323,010

10.65

Dar Al-Arkan

 

 

According to Tadawul; put through trades are the orders executed when a seller investor and a buyer investor agree to trade in specific instruments at a specific price in accordance with the Saudi Exchange market’s (Tadawul) requirements as well as rules and regulations issued by the Capital Market Authority (CMA).

Put through trades do not affect the last trading price, high or low price, opening or closing price, market or sector indices.

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