Jadwa REIT Saudi Fund saw a negotiated deal on its stock today, where about 400,700 shares of the company were privately traded above market price.
The shares changed hands at a negotiated price of SAR 9.50 per share against an official price of SAR 9.38 for a total of SAR 3.81 million.
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) |
Jadwa REIT Saudi |
9.38 |
9.50 |
400,699 |
3.81 |
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