How did Tadawul shares fare during auction time today?

29/07/2019 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 11 points during the closing auction and trade at last session, with a value traded of SAR 144 million, reducing its daily losses to 130 points.

 

A total of 2,986 transactions were executed on nearly 4.1 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 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,718

8,729

 + 11

Value Traded

 (SAR mln)

2,867

3,011

+ 144

Volume Traded

(mln shares)

117.15

121.22

+ 4.07

Number of transactions

142,278

145,264

+ 2,986

 

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

Eastern Cement

33.20

32.80

(1.20%)

Malath

10.40

10.32

(0.77%)

Salama

13.50

13.42

(0.59%)

Jarir

168.40

167.60

(0.48%)

Budget Saudi

34.20

34.05

(0.44%)

AlBabtain

22.82

22.72

(0.44%)

eXtra

77.30

77.00

(0.39%)

BSF

40.15

40.00

(0.37%)

Southern Cement

56.60

56.40

(0.35%)

SAIC

12.86

12.82

(0.31%)

Al Rajhi

68.20

68.00

(0.29%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Yanbu Cement

34.00

34.40

+ 1.18%

Bupa Arabia

99.50

100.60

+ 1.11%

Albilad

28.40

28.70

+ 1.06%

Chubb Arabia

22.20

22.42

+ 0.99%

SVCP

45.45

45.90

+ 0.99%

Emaar

10.82

10.92

+ 0.92%

Al Jouf Agriculture

22.92

23.10

+ 0.79%

Alinma Tokio

12.78

12.88

+ 0.78%

STC

108.00

108.80

+ 0.74%

NCB

54.40

54.80

+ 0.74%

 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.