Saudi Investment Bank (SAIB) saw two negotiated deals on its stock today, where 43.33 million shares were privately traded at a negotiated price of SAR 15.54 per share against an official price of SAR 17.36.

 

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not impact directly on market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

SAIB

17.36

15.54

16,000,000

248.64

27,327,514

424.67

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