One private transaction on Tadawul totals SAR 20m

Riyadh-Mubasher: One transaction privately executed on the Saudi Stock Exchange (Tadawul) on 5% of Ace Arabia Cooperative Insurance's shares on Thursday totalled SAR 20 million.

The transaction saw the trading of 500,000 of the company's 10 million shares at SAR 40 per share, according to a bourse filing on Thursday.

Meanwhile, Ace Arabia’s share traded between SAR 39.10 and SAR 40.10.

Private transactions on the stock exchange do not affect the price of the last transaction on the stock, the high-and-low share price, the opening and closing prices, the benchmark index or the sector indices.

Mubasher Contribution Time: 04-Aug-2016 12:14 (GMT)
Mubasher Last Update Time: 04-Aug-2016 12:14 (GMT)