Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) witnessed the execution of four private transactions worth a combined value of SAR 59.47 million, while total traded volume involved 4.7 million shares.
The transactions were executed on Alrajhi Bank, Saudi Telecom Company (STC), Saudi Basic Industries Corp (SABIC), and AlMa’athar REIT.
AlMa’athar REIT saw the highest transaction in terms of volume of 4.5 million shares and value with SAR 47.25 million, executed at SAR 10.50.
Alrajhi came in terms of value with 173,645 shares traded at SAR 58.30 per share and a turnover of SAR 10.12 million, while SABIC came in third with 12,335 shares traded at SAR 88.60 per share and turnover of SAR 1.09 million.
STC saw the lowest transaction with around SAR 1 million, after 15,600 shares were traded at SAR 64.10 each.
Private transactions do not affect the price of the last transaction on the stock, the high-and-low share price, the opening and closing prices, the benchmark index, or the sector indices.
Private transactions affect the trading volume, value, and the number of transactions.