Stocks of Hail Cement, Jadwa REIT Saudi see negotiated deals on Tuesday

04/12/2018 Argaam

 

Hail Cement Co. saw a negotiated deal on its stock today, where 4.6 million shares were privately traded at a negotiated price of SAR 7.29 per share against an official price of SAR 8.19.

 

Jadwa REIT Saudi Fund also saw a negotiated deal where over 2.2 million shares were privately traded at a negotiated price of SAR 8.90 per share.

 

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)

 

Hail Cement

 

8.19

 

7.29

4,600,000

33.53

Jadwa REIT Saudi

8.90

8.90

2,208,985

19.66


 

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