Zain KSA sees SAR 356.9 mln worth of negotiated deal on Sunday

27/06/2021 Argaam

Tadawul trading screen

Mobile Telecommunication Company Saudi Arabia (Zain KSA) saw a negotiated deal on its shares today, June 27, where 26.8 million shares were privately traded at a negotiated price of 13.32 SAR per share, for a total of SAR 356.9 million.

 

The deal included about 2.98% of the company's total 898.7 million shares.

 

Details

Company

Market Price
(SAR)

Negotiated Price
(SAR)

Shares Traded

Value
(SAR mln)

Zain KSA

14.84

13.32

26,794,905

356.91
                                                                          

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not impact directly on market price.

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