Riyadh – Mubasher: Institutional and private investors executed off-market transactions totaling SAR 88.62 million on the Saudi Exchange (Tadawul) during Monday's session.
The deals involved the transfer of 1.42 million shares across six separate agreements conducted outside the standard order book.
Rasan Information Technology Company dominated the session's activity with a single transaction valued at SAR 69.63 million. The deal involved 480,552 shares priced at SAR 144.90 per share.
In the petrochemical sector, Yanbu National Petrochemical Company recorded a negotiated deal worth SAR 5.39 million for 185,077 shares at a price of SAR 29.14.
Advanced Petrochemical Company followed with a transaction valued at SAR 4.08 million, involving 177,814 shares at SAR 22.98 per share.
Ataa Educational Company saw 79,983 shares change hands for a total value of SAR 4.03 million at an execution price of SAR 50.40.
Additionally, Jadwa REIT Saudi Fund registered two separate transactions at a price of SAR 10.97 per unit. The first deal for the REIT involved 300,000 shares valued at SAR 3.29 million, while the second involved 200,000 shares valued at SAR 2.19 million.
Negotiated deals are trades executed by buyers and sellers who agree on a specific price and volume in accordance with Tadawul's regulations and the Capital Market Authority’s (CMA) requirements.
These transactions are executed independently of the prevailing market price and do not impact the closing price of the security or the general market index.
