Following the implementation of a special deal in the Saudi market… Etihad Etisalat shares rise 1.64%

The shares of Etihad Etisalat Company, known as Mobily, listed and traded on the Saudi Stock Exchange (Tadawul), rose in the middle of the trading session on Monday, following the implementation of a special deal on its shares.

The stock rose by 1.64%, trading at 55.90 riyals per share.

Etihad Etisalat Company announced the implementation of a special deal on its shares at a price of 54.80 riyals per share, amounting to 5.48 million riyals, with the size of the deal reaching 100 thousand shares.

Private trades refer to trades that are executed based on an agreement between investors on specific securities at a specific price.

Special deals affect trading volumes and values.

Trading in Etihad Etisalat shares at that time amounted to 1.4 million shares, with a value approaching 75.4 million riyals.

The highest price per share at that time was 56 riyals, while the lowest price per share was 54.70 riyals.

Etihad Etisalat Company achieved an increase in net profits by 58.21% on an annual basis, recording a net profit of 829 million riyals, during the third quarter of last year 2024.

While the company recorded a net profit of 524 million riyals, during the same period of the previous year, 2023.