‎TASI sees 17 negotiated deals worth SAR 67.2M
02 Mar
Health News

‎TASI sees 17 negotiated deals worth SAR 67.2M

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Tadawul trading screenThe Saudi Exchange (Tadawul) witnessed today, Feb. 25, 17 negotiated deals worth SAR 67.2 million.Negotiated Deals DetailsCompanyStock Price(SAR)Negotiated Price(SAR)Shares TradedDeal Value(SAR million)Officially134.60135.30122,34116.55Al Rajhi Bank102.50102.40130,67713.38Alinma Bank27.9227.92383,81710.72MBC28.7628.80180,0005.18Saudi German Health33.6233.62100,0003.36The symbol42.9242.9875,0003.22Riyad Cement23.7123.73132,8253.15Alkhaleej Training18.4918.50170,0973.152P6.876.89200,0001.38Naqi52.1552.2023,6481.23Al-Omran21.3321.3551,2371.09Salama8.048.05130,0001.05Al Sagar10.0010.02102,3351.03JAZADCO7.657.66132,6091.02ARTEX10.0510.07100,0001.01Al Jazeera Takaful10.7510.7734,4540.37SVCP17.3417.3520,0000.35A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from the market price. It is executed under the control of Tadawul and Capital Market relevant laws and regulations. The negotiated deal does not directly impact the last deal price, highest/lowest stock price, opening/closing price, or market/sector indices.
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Saudi Market Poised for Historic Shift as Tadawul Pursues Opening to Foreign Investors
20 Oct
Top Stories

Saudi Market Poised for Historic Shift as Tadawul Pursues Opening to Foreign Investors

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TadawulIn a bold step aimed at fostering liquidity and attracting global capital, Saudi Arabias Capital Market Authority (CMA) has opened a public consultation on landmark reforms that would open Tadawul to foreign investors, according to Gulf News. The CMA has published the draft amendments on the Public Consultation Platform Istitlaa, to collect feedback from the public and government entities on proposed laws and regulations. Crucially, the draft plan proposes eliminating foreign investor restrictions, ending swap agreements, and granting direct access to Saudi equities. Currently, overseas investors are required to register as foreign institutional investors. Under the new plan, however, this requirement would be abolished, opening the door to unrestricted direct participation in the Saudi market. Moreover, foreign investors would have full access to direct ownership of Saudi-listed stocks after removing the use of swap agreements. A CMA board member told...
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‎Saudi cement demand poised for 8% growth by 2025: Riyadh Cement CEO
08 Nov
Top Stories

‎Saudi cement demand poised for 8% growth by 2025: Riyadh Cement CEO

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Top Stories Tamfitronics Shoeil Al-Ayed, CEO of Riyadh Cement Co.Demand for cement in Saudi Arabia is expected to grow between 4% and 8% by 2025, Shoeil Al-Ayed, CEO of Riyadh Cement Co., told Asharq News.He explained that this projected increase is driven by major projects undertaken by the Kingdom, particularly in Riyadh.Demand in Q3 2024 saw a slight rise compared to the previous two quarters, all of it was locally driven, Al-Ayed said. He explained that the company is fortunate to operate in Riyadh, where most strategic projects are concentrated. In addition, the firm supplies its output to the majority of large-scale projects in the city.Riyadh Cement's current market share is 6.5%, which is likely to grow as demand increases.Saudi Arabia is exporting black cement to the GCC...
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