How did Tadawul shares fare during auction time today?

26/09/2019 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 added 2 points during the closing auction and trade at last session, with a value traded of SAR 94 million, reducing its daily losses to 2 points.

 

A total of 2,327 transactions were executed on nearly 3.3 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. 26 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,026

8,028

+2

Value Traded

 (SAR mln)

2,457

2,551

+ 94

Volume Traded

(mln shares)

97.22

100.49

+ 3.27

Number of transactions

94,404

96,731

+ 2,327

 

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

ACIG

16.90

16.30

(3.55%)

L’Azurde

15.90

15.50

(2.52%)

Southern Cement

54.90

54.50

(0.73%)

Arabian Shield

15.56

15.48

(0.51%)

Petrochem

23.90

23.78

(0.50%)

SIECO

63.10

62.80

(0.48%)

Mouwasat

87.40

87.00

(0.46%)

Catering

88.10

87.70

(0.45%)

Aseer

8.95

8.91

(0.45%)

MedGulf

14.96

14.90

(0.40%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SVCP

48.40

49.00

 1.24%

SASCO

20.62

20.76

 0.68%

AXA

23.40

23.54

0.60%

Alhokair

25.65

25.80

 0.58%

AlAbdullatif

11.62

11.68

 0.52%

Saudi Ceramics

24.98

25.10

 0.48%

Al Rajhi Takaful

64.20

64.50

 0.47%

NCB

46.15

46.35

 0.43%

Maharah

101.00

101.40

 0.40%

Farm Superstores

15.24

15.30

 0.39%

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