How did Tadawul shares fare during auction time today?

21/07/2019 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 added 1 point during the closing auction and trade at last session, with a value traded of SAR 58 million, reducing its daily gains losses to 76 points.

 

A total of 1,316 transactions were executed on nearly 1.5 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 21 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,957

8,958

+1

Value Traded

 (SAR mln)

2,652

2,710

+ 58

Volume Traded

(mln shares)

107.8

109.3

+1.5

Number of transactions

99,265

100,581

+1,316

 

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

Budget Saudi

35.10

34.80

(0.85%)

SIIG

22.18

22.04

(0.63%)

Walaa

16.60

16.50

(0.60%)

Qassim Cement

52.40

52.10

(0.57%)

eXtra

75.40

75.00

(0.53%)

Petrochem

22.88

22.76

(0.52%)

Eastern Cement

31.95

31.80

(0.47%)

Khaleej Training

13.50

13.44

(0.44%)

Allianz SF

25.15

25.05

(0.40%)

Bahri

27.70

27.60

(0.36%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AXA

25.65

26.00

+ 1.36%

Al-Baha

19.48

19.68

+ 1.03%

Asmak

55.00

55.50

+ 0.91%

Bupa Arabia

106.20

107.00

+ 0.75%

Riyad Bank

27.80

28.00

+ 0.72%

Saudi Steel Pipe

22.82

22.98

+ 0.70%

Catering

90.40

90.90

+ 0.55%

Herfy

56.70

57.00

+ 0.53%

Southern Cement

57.70

58.00

+ 0.52%

SADAFCO

124.00

124.60

+ 0.48%

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