Al Rajhi Banking & I

Al Rajhi Banking & Investment SJSC : Two private deals on Al Rajhi Bank’s stock total SAR 1.07bn

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10/13/2017 | 04:56 am

Riyadh – Mubasher: Two private transactions was executed on the stock of Al Rajhi Bank on Thursday on the Saudi Stock Exchange (Tadawul) totaled SAR 1.07 billion.

The first transaction saw the trading of 16.17 million shares, with a liquidity of SAR 1.06 billion, at SAR 66 per share, according to a bourse filing.

The second deal saw the trading of 60,000 shares with a turnover of SAR 3.85 million, at SAR 64.20 per share.

The stock was traded at the level of SAR 62.80, registering its lowest price in this time, whereas the highest price it reached was SAR 63.50.

Private transactions on the stock 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.

Private transactions affect the trading volume, value, and the number of transactions.

Source : Mubasher

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