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Tadawul sees 5 private deals worth SAR 10.5m Tuesday

Tadawul sees 5 private deals worth SAR 10.5m Tuesday
SABIC's stock saw a private transaction valued at SAR 3.2 million
Default Company
1120.O
0.00% 0.00 0.00
Default Company
1010.O
0.00% 0.00 0.00
STC
7010
-7.13% 38.45 -2.95

Default Company
1180.O
0.00% 0.00 0.00
Default Company
2010.O
0.00% 0.00 0.00

Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) revealed the execution of five private transactions at a combined value of SAR 10.5 million during Tuesday’s trading activities.

Saudi Basic Industries Corp’s (SABIC) stock saw a private transaction valued at SAR 3.2 million after 25,691 shares were traded at SAR 124 a piece.

In addition, stocks of Al Rajhi Bank, National Commercial Bank (NCB), Saudi Telecom Company (STC), and Riyad Bank witnessed private deals worth SAR 2.98 billion, SAR 1.96 billion, SAR 1.194 billion, and SAR 1.191 billion, respectively.

It is noteworthy that 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, nor the sector indices.

Private transactions affect the trading volume, value, and the number of transactions.