News reports said on Wednesday that the Saudi stock market (Tadawul) witnessed the execution of a special deal on the shares of Saudi Aramco (2222) (the Saudi oil giant), worth up to 14.12 million riyals.
Reports indicated that about 500,000 shares were purchased, and the special deal was executed on Aramco’s shares at a price of 28.25 riyals (trading between levels of 28.35 riyals, and 28.15 riyals per share).
It should be noted that special deals are orders executed through an agreement between a selling investor and a buying investor on specific securities, at a specific price, in accordance with Tadawul regulations and the regulations of the Capital Market Authority, and private deals usually do not affect the last transaction price, the highest and lowest share price, the opening price, the closing price, the market index, or sector indices, while they affect the quantities and values of trade.
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Aramco Now Stock Performance:
In today’s trading, Saudi Aramco’s shares rose by 0.35% or SAR 0.050 per share, to currently trade near SAR 28.25 per share during the Saudi Stock Exchange trading.
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