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The Power and Water Utility Company for Jubail and Yanbu (MARAFIQ) and Specialized Medical Co. (SMC) executed three negotiated deals totaling SAR 10.7 million on March 29. MARAFIQ's shares traded at SAR 30.66, with the negotiated price at SAR 30.72 for 116,531 shares, valued at SAR 3.58 million. SMC's shares traded at SAR 17.77, with two negotiated deals at SAR 17.75 for 200,000 and 200 shares, valued at SAR 3.55 million and SAR 0.04 million respectively. These transactions occurred on Tadawul's negotiated deals platform, which allows investors to execute large orders outside regular trading hours.
For traders, these negotiated deals may signal institutional activity or block trades, which can temporarily impact stock liquidity and price. While the deals themselves do not directly affect company fundamentals, they highlight market participation in the Saudi equity sector. Investors should monitor post-deal price movements to assess market absorption of the transactions.
For MENA investors, the activity in MARAFIQ and SMC reflects ongoing interest in utility and healthcare sectors within the Tadawul. Traders should watch for follow-through volume in these stocks and broader market sentiment indicators. The Tadawul's negotiated deals mechanism remains a key tool for large investors to execute trades without market disruption.
