Nomu sees a negotiated deal on Jahez worth nearly SAR 1 mln

05/01/2022 Argaam

Nomu trading screen


The Nomu - Parallel Market saw a negotiated deal today, Jan. 5, worth SAR 1.03 million on the shares of Jahez International Co. for Information Systems Technology.

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)

Jahez

925.00

850.00

1215

1.03

According to data compiles by Argaam, Jahez began trading on the Parallel Market (Nomu), today, Jan. 5, as the company floated 1.89 million shares, representing 18% of its capital. The final offering price was set at SAR 850 per share.


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