Investors in Saudi Arabia's main stock market executed 12 private transactions worth SAR 565mn ($150.7mn) across seven companies on August 27, according to market data.

Such deals must meet requirements set by the Saudi Exchange, including that they are not for the purpose of pledging, guaranteeing, or restricting shares.

The most notable transactions included a SAR 35 mn ($9.3 mn) deal for 400,000 shares of Al Rajhi Bank at 88.20 riyals per share, and a SAR 106 mn ($28.3 mn) transaction for 4 million shares of Riyad Bank at 26.65 riyals per share.

Cenomi Centers saw three deals totalling SAR 134 mn ($35.7 mn) for about 6 million shares at 22.06 riyals per share. STC shares were involved in a transaction of approximately 2 million shares at 43.70 riyals per share, valued at SAR 87.4 mn ($23.3 mn).

Ma'aden stocks featured in a deal for about 2 million shares at 42.15 riyals per share, worth SAR 84 mn ($22.4 mn). Al Awwal Bank saw three transactions for around 2 million shares, priced between 30.30 and 35.25 riyals per share, totalling SAR 76 mn ($20.3 mn).

Arab National Bank shares were involved in two deals for about 2 million shares at 19.82 riyals per share, worth a combined SAR 42 mn ($11.2 mn).

These private stock transactions are conducted between buyers and sellers outside the order book and do not affect the trading price. However, they are included in the total transactions, volume, and value of the stock's trading activity.