‎“Maaal” reports: Negotiating deals in Saudi Stock market hit ‎SR39 bln during 2022‎

Monitoring for Maaal newspaper revealed that the value of negotiating deals (special deals) in the Saudi stock market “Tadawul” reached about 38.86 billion riyals in the past year (2022), through the implementation of 1316 deals on about 1.41 trillion shares over a period of 173 days scattered.

According to “Maaal” report, last May witnessed the largest volume and value of private deals during the entire year, as approximately 646 million shares were traded, with a trading value of approximately 6.94 billion riyals, while January witnessed the lowest volume and value of private deals with a circulation of about 12.37 million shares, with an estimated value of about 250.74 million riyals.

In terms of trading days, Sunday, corresponding to May 22, 2022, was the day that witnessed the most volumes and trading values of private deals during the entire year, as 625.15 million shares were traded on that day, achieving liquidity of 5.69 billion riyals, the bulk of which is due to The deals that were executed on the shares of “Kingdom Holding” amounted to 5.68 billion riyals.

On the other hand, Sunday, corresponding to May 29, 2022, had the lowest volume and trading value of private deals during the year, as only 8.23 thousand shares were traded that day, with a total value of 2.008 million riyals, entirely belonging to the “elm” share.

As for the companies that acquired the largest trading value from private deals in the year 2022, it was the National Bank of Saudi Arabia, as the value of those deals at the end of the year amounted to about 4.66 billion riyals, equivalent to approximately 12% of the total market deals, through the implementation of 131 deals especially with a number of shares estimated at 72.41 million shares

And “Al-Rajhi Bank” came in second place, with a value of special deals that reached 3.21 billion riyals at the end of last year, through the implementation of 30 deals on 25.38 million shares, followed by “Saudi Aramco” share, with a value of 2.98 billion riyals, by executing 65 deals on 82.64 million shares. million shares.

On the other hand, the “Tadawul Group” had the largest number of special deals executed during the previous year, as the total number of deals executed on the stock reached 550 negotiated deals, with a total value estimated at about 2.35 billion riyals, and they were executed on a number of 12.29 million shares, noting that most of these deals were executed on Sunday, November 13, 2022.

The table below shows the 20 largest companies in the Saudi market that acquired a number of deals, volumes, and trading values of special deals during the year 2022, as these companies acquired more than 54% of the liquidity of those deals, while they acquired nearly 26% of Total quantities, about 80.2% of the total number of deals.

Negotiated deals, or what is known as special deals, are a type of deal that takes place outside the order book, according to which both the seller and the buyer agree on the information of the deal before executing it in the Saudi financial market. The negotiated deal must meet the minimum value associated with the deal, and its price must be within the limits of the daily price fluctuation.

Negotiating deals are executed when a selling investor and another buyer agree to trade specific securities at a specific price, so that they comply with the controls of the Saudi financial market “Tadawul” and the rules and regulations issued by the relevant Capital Market Authority.

Tadawul changed the minimum value of negotiated deals within the two main and parallel markets, “Nomu”. In order to provide market participants with an efficient, transparent and easy mechanism to conduct and complete negotiated deals. The changes that have taken place serve to meet the needs of market participants, both local and international, to conduct and complete negotiated deals on stocks or real estate investment traded funds based on a minimum value for each of them.