How did Tadawul shares fare during auction time today?

25/08/2019 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 25 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,238

8,242

+ 4

Value Traded

 (SAR mln)

2,390

2,430

+40

Volume Traded

(mln shares)

97.80

99.55

+1.75

Number of transactions

93,205

94,749

+1,544

 

The Index rose by 4 points during the auction period, with a value traded of SAR 40 million in 1,544 transactions, narrowing its daily losses to 204 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

Budget Saudi

32.85

31.65

(3.65%)

Riyad REIT

8.28

8.04

(2.90%)

City Cement

13.68

13.60

(0.58%)

Al Etihad

14.40

14.32

(0.56%)

Arabian Centres

28.65

28.50

(0.52%)

Zamil Industrial

15.58

15.50

(0.51%)

Amiantit

6.62

6.59

(0.45%)

Aseer

8.94

8.90

(0.45%)

Riyad

26.00

25.90

(0.38%)

Yansab

52.60

52.40

(0.38%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Printing & Packaging

13.24

13.56

2.42%

Petrochem

22.32

22.68

 1.61%

SAFCO

79.70

80.50

 1.00%

National Learning

25.80

26.00

 0.78%

Savola

29.70

29.90

 0.67%

SADAFCO

125.00

125.80

 0.64%

Al Othaim

80.60

81.10

 0.62%

Advanced

56.00

56.30

 0.54%

Aljazira Takaful

16.42

16.50

 0.49%

Jarir

165.40

166.20

 0.48%

 

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.

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.