The Saudi Stock Exchange (Tadawul) on Wednesday witnessed two put-through trades on Wednesday worth a combined SAR 83.6 million.
Transactions were made on 1.65 million shares of National Commercial Bank (NCB) priced at SAR 50 per share and 34,000 shares of National Shipping Company of Saudi Arabia (Bahri) priced at SAR 32 per share.
According to Tadawul, put-through trades are the orders executed when a seller investor and a buyer investor agree to trade in specific instruments at a specific price in accordance with market requirements, as well as rules and regulations issued by the Capital Market Authority (CMA).
Put-through trades do not affect the last trading price, high or low price, opening or closing price, market or sector indices.
|
Put-through Trade Details |
||||
|
Total Value (SAR mln) |
Number of Shares |
Trade Price (SAR) |
Price Per Share (SAR) |
Company |
|
82.50 |
1,650,000 |
50.00 |
53.25 |
NCB |
|
1.10 |
34,300 |
32.00 |
33.20 |
Bahri |
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