‎Gulf Union Alahlia sees 2 negotiated deals on 187,000 shares on Sunday

‎Gulf Union Alahlia sees 2 negotiated deals on 187,000 shares on Sunday

Gulf Union Alahlia Cooperative Insurance Co. registered two negotiated deals on 18.7 million shares today, Nov. 20, for a total value of SAR 18.7 million.

The deals represent 4.1% of the total company’s capital, which consists of 45.89 million shares.

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.