Nomu sees SAR 2.7M negotiated deal on Al-Fakhera

An illustration showing the names of the Saudi Exchange (Tadawul) and Nomu-Parallel Market 

The Nomu-Parallel Market witnessed today, Sept. 4, a negotiated deal worth SAR 2.7 million on 522,800 shares of Al-Fakhera for Men's Tailoring Co.

The deal represented about 1.5% of the company’s total shares, amounting to 36 million shares. 

For more details on negotiated deals

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the market price. The negotiated deal is conducted under the controls of Tadawul and relevant capital market laws and regulations.

The negotiated deal does not directly impact the last deal price, highest/lowest stock price, opening/closing price, or market/sector indices.