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SABIC’s stock sees SAR 50m private deal Sunday

SABIC’s stock sees SAR 50m private deal Sunday
The deal saw trading of around 392,000 shares
SABIC
2010
0.00% 114.60 0.00

Riyadh - Mubasher: Saudi Basic Industries Corporation’s (SABIC) stock on Sunday saw a private transaction at a value of SAR 49.6 million on the Saudi Stock Exchange (Tadawul).

The deal saw trading of around 392,000 shares at SAR 126.60 a share, the Saudi bourse revealed.

During Sunday’s trading session, SABIC’s stock has been traded between SAR 124.80 and SAR 125.40. 

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.