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.
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Key Facts |
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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 |
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188,681 |
17.04 |
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