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Saudi market sees four private deals worth 23.08 million Riyals
The Saudi Stock Market "Tadawul" executed four private deals totaling 23.08 million Riyals involving shares of Alinma Bank, Dawa Pharmaceutical, and Bupa Arabia. For example, a deal was carried out on Bupa Arabia's stock worth 7.14 million Riyals through 50,000 shares at a price of 142.80 Riyals per share; another on Alinma's stock valued at 12.41 million Riyals via 528,000 shares at a price of 23.5 Riyals; and a third on Dawa Pharmaceutical's stock amounting to 3.53 million Riyals through 101,587 shares at a price of 34.74 Riyals. Private deals allow for the execution of orders at a specific price and influence the trading quantities and values without affecting the stock price or the market index.
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