Al Rajhi stock sees a negotiated deal on Thursday

25/10/2018 Argaam

 

Al Rajhi Bank saw a negotiated deal on its stock today, where 185,452 shares were privately traded at a negotiated price of SAR 85.00 per share against an official price of SAR 88.80.

 

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.

 

Key Facts

Company

Market Price

(SAR)

Negotiated Price (SAR)

Shares Traded

Value

(SAR mln)

Al Rajhi

88.80

85.00

185,452

15.76

 

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