Jabal Omar Development Co. saw a negotiated deal on its stock today, where over 214,000 shares were privately traded at a negotiated price of SAR 34.85 per share against an official price of SAR 31.35.
Musharaka REIT Fund has also seen a negotiated deal on its units today, where over 1.25 million units were privately traded for a total value of SAR 10 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) |
|
Jabal Omar |
34.85
|
31.35
|
214,052 |
6.71 |
|
Musharaka REIT
|
8.03 |
8.00 |
1,250,000 |
10.00 |
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