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Saudi market sees private SABIC Global deal
The Saudi stock market recorded a private transaction for the share of Sahara International Petrochemical Company "Sipchem" valued at 3.65 million riyals, through the sale of 303,070 shares at a price of 12.05 riyals per share. The deal was completed during today’s session, with the share price fluctuating between 12.10 and 11.92 riyals, which were the highest and lowest prices during the session. These private transactions are executed through an agreement between the selling and purchasing investors and impact the volume and value of trading without changing the current prices or market indicators.
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