Saudi bourse sees special trade on 4% of Chemanol shares

08/02/2015 Argaam

Saudi Stock Exchange witnessed today a special transaction on five million shares ​of Methanol Chemicals Co. (Chemanol) at SAR 12.20 each, totaling SAR 61 million.


The special trade was executed on 4 percent of Chemanol’s 120.6 million shares.

In special transactions, orders are placed upon seller and buyer agreement in regards to ​trading on a stock at a certain price in compliance with the regulations of the Saudi bourse and the Capital Market Authority (CMA), the market regulator​

 

Special transactions do not affect open or closed​ prices, stock prices​, the ​market index, or sector indices.

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