How did Tadawul shares fare during auction time today?

17/09/2019 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 climbed 22 points during the closing auction and trade at last session, with a value traded of SAR 276.12 million, reducing its daily losses to 57 points.

 

A total of 2,927 transactions were executed on nearly 8.2 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. 17 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,749

7,771

+ 22

Value Traded

 (SAR mln)

2,684

2,960

+ 276.12

Volume Traded

(mln shares)

99.62

107.87

+ 8.24

Number of transactions

106,158

109,085

+ 2,927

 

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

SADAFCO

130.80

127.80

(2.29%)

SRMG

88.00

86.00

(2.27%)

Zamil Industrial

16.20

15.84

(2.22%)

Al Hammadi

21.86

21.54

(1.46%)

Qassim Cement

50.10

49.50

(1.20%)

City Cement

14.22

14.06

(1.13%)

Riyad

23.24

23.06

(0.77%)

Southern Cement

51.70

51.30

(0.77%)

Printing & Packaging

13.10

13.00

(0.76%)

Saudi Chemical

32.90

32.65

(0.76%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Seera

16.54

16.84

 1.81%

Samba

27.45

27.75

 1.09%

SVCP

46.00

46.50

 1.09%

Busdget Saudi

33.45

33.80

 1.05%

Saudi Cement

61.20

61.70

 0.82%

Albilad

24.60

24.80

 0.81%

STC

100.60

101.40

 0.80%

Aljazira

13.50

13.60

 0.74%

Saudi Ceramics

21.64

21.80

 0.74%

BSF

34.00

34.25

 0.74%

 

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