How did Tadawul shares fare during auction time today?

21/08/2019 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 21 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,532

8,509

(23)

Value Traded

 (SAR mln)

2,469

2,574

+105

Volume Traded

(mln shares)

103.27

106.71

+3.43

Number of transactions

100,222

102,550

+2,328

 

The Index dropped by 23 points during the auction period, with a value traded of SAR 105 million in 2,328 transactions, widening its daily losses to 81 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

Riyad

26.95

26.60

(1.30%)

Saudi Cement

67.80

67.10

(1.03%)

NCB

51.90

51.40

(0.96%)

SEC

20.06

19.90

(0.80%)

Albilad

27.90

27.70

(0.72%)

Leejam

85.00

84.40

(0.71%)

Savola

31.45

31.25

(0.64%)

Ma’aden

49.20

48.90

(0.61%)

SAFCO

83.50

83.00

(0.60%)

Mobily

24.94

24.80

(0.56%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Allianz SF

24.56

25.00

 1.79%

Eastern Cement

31.10

31.40

 0.96%

Sipchem

19.38

19.50

 0.62%

AICC

17.60

17.70

 0.57%

ARDCO

15.40

15.48

 0.52%

Dur

17.74

17.82

 0.45%

Enaya

10.46

10.50

 0.38%

Southern Cement

56.30

56.50

 0.36%

QACO

11.34

11.38

 0.35%

Al Sorayai

11.48

11.52

 0.35%

 

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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