Insurance Quote Insurance quote
Tadawul trading screen
The Saudi Exchange (Tadawul) witnessed three negotiated deals today, Jan. 5, on Dar Al Arkan Real Estate Development Co. and Saudi Budget, at a total value of SAR 101.6 million.
Moreover, Arabia Insurance Cooperative Co. (AICC) saw a negotiated deal, at a value of SAR 10 million, with nearly 10 million shares traded. The deal represented about 1.9% of the insurer’s 53 million share capital.
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Details |
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|
Company |
Market Price (SAR) |
Negotiated Price (SAR) |
Shares Traded |
Value (SAR mln) |
|
AICC |
10.04 |
10.00 |
1000000 |
10.00 |
|
Saudi Budget |
46.00 |
45.95 |
173967 |
7.99 |
|
Dar Al Arkan |
11.84 |
10.76 |
4500000 |
48.42 |
|
4200000 |
45.19 |
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A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated deal shall be conducted under the controls of Tadawul and Capital Market relevant laws and regulations.
The negotiated deal does not impact directly on last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.
