‎Tadawul sees negotiated deal worth SAR 572.4 mln on Dar Al Arkan

‎Tadawul sees negotiated deal worth SAR 572.4 mln on Dar Al Arkan

The Saudi Exchange (Tadawul) witnessed today, April 10, a negotiated deals worth SAR 572.4 million on Dar Al Arkan Real Estate Development, with nearly 36 million shares traded.

The deal represented about 3.3% of the company’s 1.08 billion shares.

A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated deal shall be conducted under the controls of Tadawul and Capital Market relevant laws and regulations.

The negotiated deal does not impact directly on last deal price, highest/lowest stock price, opening/closing price, or market/sectors indices.