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Saudi market sees three private deals
The Saudi Stock Market "Tadawul" executed three private transactions totaling 46.02 million Riyals, involving the "Madinah Knowledge" and "Al-Ahli" stocks. Two transactions were carried out for "Madinah Knowledge" at a price of 23 Riyals, totaling 8.51 million Riyals and involving 370,000 shares, while a single deal was made for "Al-Ahli" worth 37.51 million Riyals through 961,750 shares at a price of 39 Riyals. Private transactions are agreements between a selling investor and a buyer that are executed at a predetermined price; they do not impact the market price or stock indices but do influence trading volumes and values.
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