Riyadh – Mubasher: Twenty-three transactions were privately executed on the Saudi Stock Exchange (Tadawul) on 12.96 million shares on Thursday at a value of SAR 633.5 million.
Seven transactions were executed on a number of banks, including Riyad Bank, Bank Al Jazira, Banque Saudi Fransi, Saudi British Bank, Arab National Bank, Samba, and Bank AlBilad.
Saudi Telecom Company (STC) topped the transactions after 4.3 million shares were traded at SAR 65.25 per share, totalling SAR 280 million.
SABIC came second in terms of turnover of SAR 108.3 million, generated from the exchange of 1.1 million shares at SAR 96.75 per share.
Meanwhile, three transactions were executed on Bupa Arabia after exchanging 32,660 shares at SAR 127.25 per share at a total amount of SAR 4.16 million.
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.