How did Tadawul shares fare during auction time today?

15/09/2019 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 dropped 11 points during the closing auction and trade at last session, with a value traded of SAR 48 million, widening its daily losses to 82 points.

 

A total of 1,469 transactions were executed on nearly 1.66 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. 15 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,760

7,749

(11)

Value Traded

 (SAR mln)

2,645

2,693

+ 48

Volume Traded

(mln shares)

105.29

106.95

+ 1.66

Number of transactions

92,814

94,283

+ 1,469

 

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

SABIC

91.90

91.00

(0.98%)

Al Ahli Takaful

23.80

23.62

(0.76%)

Bupa Arabia

102.40

101.80

(0.59%)

SEC

20.52

20.40

(0.58%)

Petro Rabigh

18.70

18.60

(0.53%)

SAFCO

76.90

76.50

(0.52%)

Qassim Cement

48.95

48.70

(0.51%)

SABB

30.20

30.05

(0.50%)

MEPCO

12.60

12.54

(0.48%)

Al Etihad

13.24

13.18

(0.45%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Fitaihi

10.72

10.90

 1.68%

SVCP

45.65

46.40

 1.64%

Buruj

16.90

17.08

 1.07%

SISCO

14.80

14.94

 0.95%

SASCO

19.32

19.44

 0.62%

Al Ahli REIT (1)

8.20

8.25

 0.61%

Umm Al Qura Cement

16.62

16.70

 0.48%

Malath

8.82

8.86

 0.45%

Alhokair Group

14.12

14.18

 0.42%

Southern Cement

52.50

52.70

 0.38%

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