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Saudi market sees two private deals totaling 11.81 million Riyals
The Saudi market "Tadawul" executed two private deals today, totaling a value of 11.81 million riyals, involving the trading of 310,000 shares. The first deal involved 125,000 shares of Al Rajhi Bank valued at 7.48 million riyals, at a price of 59.80 riyals per share. The second deal was for Saudi Budget through 185,000 shares valued at 4.33 million riyals, at a price of 23.41 riyals per share. Private deals are transactions involving the transfer of securities at a predetermined price between two parties according to market regulations. They impact trading volumes and values but do not affect stock prices or market indices.
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