How did Tadawul shares fare during auction time today?

07/08/2019 Argaam Special

 

In this report, Argaam monitors the movement of Tadawul-listed stock prices during the auction period that follows the regular trading time. The Auction period lasts 10 minutes between 3 pm and 3:10 pm.

 

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

 

TASI Performance During August 7 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8509

8483

( 26 )

Value Traded

 (SAR mln)

2875

3042

167+

Volume Traded

(mln shares)

106.72

111.43

4.71+

Number of transactions

97979

100735

2756+

 

The Index dropped by 26 points during the auction period, with a value traded of SAR 167 million in 2,756 transactions, cutting its daily gains to 89 points.

 

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

Saudi Cement

69.00

62.00

(%10.14)

BSF

36.35

36.05

(%0.83)

SEC

19.86

19.70

(%0.81)

NCB

51.60

51.20

(%0.78)

Aseer

9.17

9.10

(%0.76)

SIIG

23.90

23.72

(%0.75)

Aldrees

42.80

42.50

(%0.70)

Samba

29.75

29.55

(%0.67)

Leejam

80.80

80.30

(%0.62)

Bank Aljazira

14.88

14.80

(%0.54)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Arabian Shield 

15.86

16.20

%2.14+

Yanbu Cement

33.30

33.75

1.35%+

Southern Cement

54.50

55.10

%1.10+

Bank Albilad

28.85

29.10

%0.87+

Bawan

14.78

14.90

%0.81+

Gulf General

12.40

12.50

%0.81+

Arab National Bank

25.15

25.35

%0.80+

SRMG

89.20

89.90

0.78%+

Al Alamiya

20.94

21.10

0.76%+

Riyad REIT

8.32

8.38

0.72%+

 

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.

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