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Saudi market sees four private deals worth 25.44 million riyals
During today's session, the Saudi Stock Exchange "Tadawul" executed four private deals totaling 25.44 million Riyals, involving the trading of 834,810 shares. The transactions focused on the "Petro Rabigh" share with a quantity of 556,000 shares valued at 10.01 million Riyals, at a price of 18 Riyals per share; the "Al Ahli" share worth 9.81 million Riyals through 238,800 shares at a price of 41.10 Riyals; and the "Rasan" share with 40,010 shares traded at a price of 140.50 Riyals, totaling 5.62 million Riyals. Private deals facilitate transactions at a predetermined price between investors without impacting the overall market price, and are used to increase quantities and trading volume in a private and flexible manner.
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