How did Tadawul shares fare during auction time today?

07/07/2019 Argaam Special

 

In this report, Argaam monitors the movement of Tadawul-listed stock prices during the auction period and trade at last that follow the regular trading time. The auction period lasts 10 minutes between 3:00 pm and 3:10 pm. The trade-at-last session starts from 3:10 pm to 3:20 pm.

 

The Index rose 4 points during the closing auction and trade at last session, with a value traded of SAR 25 million, reducing its daily losses to 35 points.

 

A total of 1,209 transactions were executed on nearly 1.1 million shares.

 

During the 10-minute auction period, investors can place buy and sell orders based on which the system calculates a fair price per stock, and this fair price serves as a reference price for the following trading day.

 

In trade at last session, market participants can place orders only at the closing price set during the closing auction.

 

The table below compares the performance of Tadawul All Share Index (TASI):

 

TASI Performance During July 7 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,807

8,811

+4

Value Traded

 (SAR mln)

1,815

1,840

+25

Volume Traded

(mln shares)

88.2

89.3

+1.1

Number of transactions

73,425

74,634

+1,209

 

Below is a track of individual stock movements post trading hours:

 

Decliners (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SPM

9.23

9.18

(0.54%)

AICC

19.10

19.00

(0.52%)

Al Khabeer REIT

9.90

9.85

(0.51%)

Jadwa REIT Al Haramain

8.30

8.26

(0.48%)

MetLife AIG ANB

19.00

18.92

(0.42%)

Takween

7.84

7.81

(0.38%)

SABB

39.65

39.50

(0.38%)

Alujain

22.90

22.82

(0.35%)

Al Ahlia

9.58

9.55

(0.31%)

Knowledge City

9.96

9.94

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Zamil Industrial

17.08

17.28

1.17%

Chubb Arabia

22.56

22.80

1.06%

Shams

26.05

26.25

0.77%

Al Babtain

22.64

22.80

0.71%

Buruj

20.24

20.36

0.59%

Al Othaim

77.60

78.00

0.52%

Al Ahli Takaful

24.00

24.10

0.42%

Alandalus

14.46

14.52

0.41%

Saudi Cement

73.50

73.80

0.41%

MEPCO

15.06

15.12

0.40%

 

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