How did Tadawul shares fare during auction time today?

29/08/2019 Argaam Special

 

In this report, Argaam monitors the movement of Tadawul-listed stock prices during the auction period and trade at last that follow the regular trading time. The auction period lasts 10 minutes between 3:00 pm and 3:10 pm. The trade-at-last session starts from 3:10 pm to 3:20 pm.

 

The Index rose 5 points during the closing auction and trade at last session, with a value traded of SAR 239.62 million, reducing its daily losses to 151 points.

 

A total of 3,040 transactions were executed on nearly 7.25 million shares.

 

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.

 

In trade at last session, market participants can place orders only at the closing price set during the closing auction.

 

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

 

TASI Performance During August 29 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,015

8,020

+5

Value Traded

 (SAR mln)

3,806

4,046

+239.62

Volume Traded

(mln shares)

139.96

146.93

+7.25

Number of transactions

123,011

126,051

+3,040

 

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

SIIG

22.00

21.80

(0.91%)

SAFCO

79.60

79.00

(0.75%)

Yansab

54.00

53.60

(0.74%)

Catering

88.10

87.50

(0.68%)

SADAFCO

126.00

125.20

(0.63%)

Saudi Cement

63.00

62.60

(0.63%)

Shaker

7.95

7.90

(0.63%)

Chamanol

7.95

7.90

(0.63%)

Tawuniya

66.60

66.20

(0.60%)

Emaar

10.06

10.00

(0.60%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Alujain

22.50

22.98

 2.13%

Petrochem

22.20

22.58

 1.71%

AICC

17.72

17.98

 1.47%

SARCO

42.50

43.00

 1.18%

Herfy

50.50

51.00

 0.99%

Alhokair

21.32

21.50

 0.84%

Savola

31.00

31.25

 0.81%

Riyad

25.40

25.60

 0.79%

ANB

23.42

23.60

 0.77%

NCB

47.30

47.65

 0.74%

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