"Tadawul" .. A special deal on "Alam" below trading levels by 21.14 million riyals
ELM 7203.SA | 1188.80 | +0.56% |
Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) witnessed, on Sunday, the execution of a private deal on the shares of Alam Company, at a lower level than the trading levels of the stock during the session.
According to Tadawul data, the deal value amounted to 21.14 million riyals, through 20.72 thousand shares, and the deal was executed at a price of 1020 riyals per share.
The stock was traded in today’s session between 1,133 riyals and 1,129 riyals per share, which are the highest and lowest levels for the stock, respectively.
Private deals are orders executed through an agreement between a selling investor and a buying investor on specific securities, at a specific price; in accordance with the controls (trading) and regulations of the Capital Market Authority.
Private deals do not affect the last trade price, the highest and lowest stock price, the opening price, the closing price, the market index, or the sector indices, but they do affect the trading volumes and values.