Nomu sees 523 negotiated deals worth SAR 1.29B in Q1 2024

Nomu trading screen

The Nomu-Parallel Market witnessed 523 negotiated deals on nine stocks and one REIT for a total value of SAR 1.29 billion in Q1 2024, based on the Saudi Exchange (Tadawul) data.

A total of 522 negotiated deals worth SAR 1.28 billion were executed on 65.7 million shares.

The following table illustrates the details of negotiated deals since 2017:

Negotiated Deals Since 2017
Year	Number of negotiated deals	Total volume (mln shares)	Total value (SAR mln)
2017	1	0.04	1.24
2018	4	1.51	17.09
2019	11	0.89	39.79
2020	20	1.71	93.63
2021	32	14.08	989.45
2022	159	11.05	1,353.72
2023	195	35.60	1,175.02
Q1 2024	522	65.66	1,285.70

March led the way in terms of transaction volume and value, with 61.3 million shares worth SAR 1.14 billion executed in 435 negotiated deals.

The table below details the negotiated deals during the period:

Details of Negotiated Deals
Month	Number of negotiated deals	Total volume (mln shares)	Total value (SAR mln)
January	7	2.35	65.9
February	80	2.03	76.5
March	435	61.28	1143.3
Total	522	65.66	1285.7

In terms of value, Jahez International Company for Information System Technology topped with SAR 645.8 million. It was followed by Gas Arabian Services Co. (GAS) with SAR 335.7 million.

The following table shows the negotiated deals in terms of value in Q1 2024:

Negotiated Deals by Value (Q1 2024)
Company	Number of deals	Average stock price (SAR)	Total volume (’000 shares)	Total value (SAR mln)
Jahez	109	31.81	20303.0	645.84
GAS	244	7.97	42125.8	335.66
Edarat	132	432.75	331.5	143.45
Balady	31	120.00	1116.9	134.03
Saudi Azm	2	13.90	1500.0	20.85
United Mining	1	30.00	55.1	1.65
Marble Design	1	75.00	20.0	1.50
Lana Medical	1	34.00	41.0	1.39
Tadweeer	1	8.02	166.0	1.33

Nomu witnessed one negotiated deal on Alwaha REIT. The following table details the transaction:

Negotiated Deals by REIT (Q1 2024)

REIT

Number of deals

Average price

(SAR)

Total volume

(’000 units)

Total value (SAR mln)

Alwaha REIT

11.00

700.00

7.70

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