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Saudi market sees 20 private deals worth 260M riyals
During today's session, the Saudi Stock Market "Tadawul" executed 20 private transactions across multiple companies, with a total value of 260.09 million SAR through 8.228 million shares. Two transactions were carried out for Aramco, valued at 120.2 million SAR, and seven transactions for Etihad Etisalat (Mobily) totaling 64.31 million SAR. Additionally, three transactions were made for Bahri (National Shipping Company) worth 32.2 million SAR. Private transactions involve the transfer of shares directly between investors at a fixed price, without impacting the market price or stock indices. They are used to execute large-volume trades with significant trading sizes and values.
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