How did Tadawul shares fare during auction time today?

28/08/2019 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 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,173

8,171

(2)

Value Traded

 (SAR mln)

4,322

4,642

+320

Volume Traded

(mln shares)

158.11

167.14

+9.1

Number of transactions

125,370

127,953

+2,583

 

The Index declined by 2 points during the auction period, with a value traded of SAR 320 million in 2,583 transactions, widening its daily losses to 114 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

Al Othaim

80.80

80.10

(0.87%)

Samba

30.25

30.00

(0.83%)

BSF

36.50

36.20

(0.82%)

Ma’aden

45.55

45.20

(0.77%)

MedGulf

14.50

14.40

(0.69%)

Al Alamiya

20.36

20.22

(0.69%)

Al Rajhi Takaful

59.00

58.60

(0.68%)

Gulf General

11.82

11.74

(0.68%)

SADAFCO

129.60

128.80

(0.62%)

NCB

48.70

48.40

(0.62%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

BCI

21.50

21.84

 1.58%

National Learning

27.00

27.40

 1.48%

Savola

31.40

31.85

 1.43%

AlBaha

17.28

17.48

 1.16%

SABIC

99.70

100.60

 0.90%

Al Sorayai

11.76

11.86

 0.85%

Walaa

14.28

14.40

 0.84%

SPIMACO

25.80

26.00

 0.78%

MESC

9.42

9.49

 0.74%

Tawuniya

67.50

68.00

 0.74%

 

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.