Almoosa Health SAR 10.2M Block Trade Hits Tadawul

A negotiated deal worth SAR 10.2 million crossed the tape on Almoosa Health shares Monday, July 20, Tadawul data showed.

The block trade was executed through a single negotiated transaction on the Saudi exchange. Almoosa Health, which operates hospitals and medical centers in the Eastern Province, listed on Tadawul's main market in December 2023 at SAR 55 per share.

The stock closed at SAR 62.50 on Sunday, giving the company a market capitalization of roughly SAR 4.2 billion. Monday's negotiated deal represents about 0.24% of the company's outstanding shares based on the last closing price.

Negotiated deals on Tadawul are arranged privately between buyers and sellers outside the continuous trading order book. They are typically used for large blocks of shares that would otherwise move the market if executed through the regular auction mechanism. The exchange reports the volume and value of each negotiated transaction at the end of the trading day.