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Saudi market sees 13 private deals totaling 111.47 million riyals
During today's session, the Saudi Stock Market (Tadawul) executed 13 private deals totaling 111.47 million riyals through 4 million shares. The deals included a share of "Al Oula" valued at 19.92 million riyals with 596,542 shares at a price of 33.4 riyals per share; a "Sulaiman Al Habib" share worth 18.41 million riyals through 79,922 shares at a price of 230.4 riyals; and a "SABIC" share valued at 13 million riyals through 1.05 million shares at a price of 12.32 riyals. Private deals are agreements executed between the selling and buying investors for specific securities at a fixed price, without affecting the market price or stock indices, but they influence trading volume and value.
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