How did Tadawul shares fare during auction time today?

02/09/2019 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 6 points during the closing auction and trade at last session, with a value traded of SAR 94.65 million, increasing its daily gains to 59 points.

 

A total of 2,160 transactions were executed on nearly 3.94 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 Sept. 02 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,965

7,971

+6

Value Traded

 (SAR mln)

3,118

3,212

+ 94.65

Volume Traded

(mln shares)

128.88

132.72

+ 3.94

Number of transactions

106,049

108,209

+ 2,160

 

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

Samba

28.45

28.25

(0.70%)

MESC

9.46

9.40

(0.63%)

AICC

17.50

17.40

(0.57%)

L’Azurde

16.38

16.30

(0.49%)

Qassim Cement

53.30

53.10

(0.38%)

Saudi Re

9.34

9.31

(0.32%)

SABB

31.70

31.60

(0.32%)

SAIC

13.34

13.30

(0.30%)

Yamama Cement

21.36

21.30

(0.28%)

Alasmak

48.20

48.10

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

MetLife AIG ANB

17.70

18.00

 1.69%

Aslak

14.54

14.74

 1.38%

Emaar

10.02

10.12

 1.00%

Alujain

22.30

22.50

 0.90%

Riyad

24.60

24.80

 0.81%

Allianz Saudi Fransi

24.80

25.00

 0.81%

ANB

22.60

22.78

 0.80%

Albilad

26.25

26.40

 0.57%

Sharqiyah Dev.

42.70

42.90

 0.47%

Catering

87.50

87.90

 0.46%

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.