Today, Sunday, the Saudi Stock Exchange witnessed the execution of two private deals on the shares of the Saudi Group and Mabco, with a total value of 56.28 million riyals, through 2.12 million shares.
According to trading data, a deal was executed on 1.52 million shares of the Saudi Group, worth 29.88 million riyals, and was executed at a price of 19.62 riyals.
Mabco’s stock witnessed the execution of a deal worth 26.40 million riyals, through 600 thousand shares, at a price of 44 riyals.
Private deals are orders executed through an agreement between a selling investor and a buying investor on specific securities, at a specific price; in accordance with the controls (trading) and regulations of the Capital Market Authority.
Private deals do not affect the last trade price, the highest and lowest stock price, the opening price, the closing price, the market index, or the sector indices, but they do affect the trading volumes and values.
