Dar Al Arkan sees 4 negotiated deals worth SAR 244.5 mln

15/05/2023 Argaam

Dar Al Arkan sees 4 negotiated deals worth SAR 244.5 mln

Tadawul trading screen

Dar Al Arkan Real Estate Development Co. saw four negotiated deals worth SAR 244.5 million today, May 15, on the Saudi Exchange (Tadawul).  

 

The deal that took place on Dar Al Arkan represented about 1.5% of the company’s total shares of 1.08 billion shares.

 

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 the market price.

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Dar Al Arkan

15.26

15.08

4500000

67.86

14.70

2000000

29.40

3300000

48.51

14.60

6760000

98.70

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