Bonyan REITS Fund saw three negotiated deal on its stock today, where 2.9 million shares were privately traded at a negotiated price of SAR 8.60 per share against an official price of SAR 8.48.
The deals represent 5.2 percent of the total fund units.
Al Rajhi Bank has also seen a negotiated deal on 54,250 shares at a negotiated price of SAR 100.80 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 directly impact the market price.
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Key Facts |
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|
Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Bonyan REIT |
8.48 |
8.60 |
447,241 |
3.85 |
|
8.60 |
2,000,000 |
17.20 |
||
|
8.60 |
439,000 |
3.78 |
||
|
Al Rajhi |
101.20 |
100.80 |
54,250 |
5.47 |
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