How did Tadawul shares fare during auction time today?

19/08/2019 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 19 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,589

8,566

(23)

Value Traded

 (SAR mln)

3,269

3,437

+169

Volume Traded

(mln shares)

114.01

118.60

+4.59

Number of transactions

175,760

178,856

+ 3,096

 

The Index dropped by 23 points during the auction period, with a value traded of SAR 169 million in 3,096 transactions, cutting its daily gains to 38 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

Savola

32.55

32.10

(1.38%)

Advanced

59.20

58.50

(1.18%)

SEC

20.90

20.66

(1.14%)

SRMG

91.60

90.70

(0.98%)

Southern Cement

57.00

56.50

(0.88%)

Al Akaria

11.92

11.82

(0.84%)

Sipchem

19.90

19.74

(0.80%)

Almarai

51.60

51.20

(0.78%)

NCB

52.10

51.70

(0.77%)

Yansab

56.50

56.10

(0.71%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SAICO

11.48

11.70

+ 1.91%

Mouwasat

88.00

88.80

+ 0.91%

BCI

21.70

21.86

+ 0.73%

SISCO

15.30

15.40

+ 0.65%

Care

51.60

51.90

+ 0.58%

Buruj

18.28

18.38

+ 0.55%

Saudi Re

9.91

9.96

+ 0.50%

Al Rajhi Takaful

59.70

60.00

+ 0.50%

Gulf General

12.46

12.52

+ 0.48%

ANB

25.35

25.45

+ 0.39%

 

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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