Saudi Stock Exchange (Tadawul) saw on Thursday two negotiated deals, where 42,000 shares of Al Rajhi Bank and 10,700 shares of Jarir Marketing Co. were privately traded for SAR 89.9 per share and SAR 182.4 per share, respectively, for a total value of SAR 5.72 million.
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.
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Key Facts |
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Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
Jarir |
182.40 |
182.40 |
10,675 |
1.95 |
|
Al Rajhi |
88.50 |
89.90 |
42,000 |
3.78 |
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