How did Tadawul shares fare during auction time today?

03/09/2019 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 Sept. 03 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,949

7,924

(25)

Value Traded

 (SAR mln)

2,775

2,900

+ 124.89

Volume Traded

(mln shares)

129.64

133.47

+ 3.83

Number of transactions

114,264

117,001

+ 2,737

 

The Index declined by 25 points during the auction period, with a value traded of SAR 124.89 million in 2,737 transactions, widening its daily losses to 47 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

Arabian Shield

15.52

15.22

(1.93%)

BSF

32.80

32.35

(1.37%)

Arabian Centres

28.40

28.10

(1.06%)

Savola

30.50

30.20

(0.98%)

Bupa Arabia

105.60

104.60

(0.95%)

Al Ahli Takaful

24.12

23.90

(0.91%)

Al Sorayai

43.40

43.05

(0.81%)

NCB

45.95

45.65

(0.65%)

L’Azurde

16.50

16.40

(0.61%)

MIS

49.65

49.35

(0.60%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Astra

15.10

15.30

 1.32%

Anaam

8.78

8.89

 1.25%

Tawuniya

68.00

68.60

 0.88%

Wafrah

10.92

11.00

 0.73%

AICC

17.60

17.70

 0.57%

Saudi German

25.75

25.85

 0.39%

AlAhsa

10.56

10.60

 0.38%

SIDC

8.06

8.09

 0.37%

Thimar

21.60

21.68

 0.37%

Buruj

17.40

17.46

 0.34%

 

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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