How did Tadawul shares fare during auction time today?

24/09/2019 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. 24 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,071

8,070

(1)

Value Traded

 (SAR mln)

2,466

2,617

+ 151

Volume Traded

(mln shares)

104.98

109.72

+4.74

Number of transactions

135,152

137,537

+ 2,385

 

The Index edged down by 1 point during the auction period, with a value traded of SAR 151 million in 2,385 transactions, decreasing its daily gains to 115 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 Centres

30.90

30.45

(1.46%)

Southern Cement

55.30

54.50

(1.45%)

Albilad

26.65

26.40

(0.94%)

BSF

34.80

34.50

(0.86%)

Eastern Cement

33.30

33.10

(0.60%)

MedGulf

15.06

14.98

(0.53%)

Samba

29.25

29.10

(0.51%)

eXtra

72.50

72.20

(0.41%)

Shams

25.15

25.05

(0.40%)

SIIG

22.94

22.86

(0.35%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Saudi Cement

66.30

67.00

 1.06%

MetLife AIG ANB

17.50

17.68

 1.03%

Petrochem

23.00

23.20

0.87%

SABB

31.05

31.30

 0.81%

Red Sea

13.20

13.28

 0.61%

Bupa Arabia

106.00

106.60

 0.57%

SISCO

15.08

15.16

 0.53%

Riyad

24.00

24.12

 0.50%

Dallah

48.20

48.40

 0.41%

SPIMACO

25.85

25.95

 0.39%

 

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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