SABIC shares see 3 negotiated deals on Tuesday

08/10/2019 Argaam

Saudi Basic Industries Corp. (SABIC) saw three negotiated deals on its shares today, where 377,400 shares were privately traded at a negotiated price of SAR 90.30 per share against an official price of SAR 90.40 for the total value of SAR 34.1 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 directly impact the market price.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

SABIC

90.40

90.30

114,284

10.32

74,397

6.72

188,681

17.04

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