The share of the National Education Company, the runway and trading in the Saudi market, “Tadawul”, increased by 1.93% during trading today, Tuesday, to trade at the price of 169.20 riyals per share, after implementing a special deal on the stock.
The trading on the first share of that time came through 76.75 thousand shares with a value of trading 12.8 million riyals.
The highest price for the share was at that time at 170 riyals, while the lowest price for the share was at 163 riyals.
The price of the share of the National Education Company, after the implementation of a special deal on the company’s share in the Saudi stock market “Tadawul” today, where a deal worth 3 million riyals was implemented through 18 thousand shares.
The company’s results for the first quarter ended on October 31, 2024, a rise in net profits by 22.7%, compared to the similar quarter of 2023, when the net profit reached 38.11 million riyals, compared to 31.06 million riyals in the same quarter of last year.
The company explained that this increase in profits came as a result of 16%increase in revenue, compared to the same quarter of the previous year.
As for private deals, they are the orders that are being implemented through an agreement between an investor of a seller and another buying on specific securities, at a certain price, according to the “trading” controls and regulations of the Capital Market Authority.
It is noted that these deals do not affect the price of the last deal, nor on the highest and lowest share price or opening price, and closure, but they affect trading quantities and values.
