How did Tadawul shares fare during auction time today?

29/09/2019 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. 29 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,055

8,055

--

Value Traded

 (SAR mln)

1,994

2,028

+ 34

Volume Traded

(mln shares)

84.63

86.25

+ 1.62

Number of transactions

79,504

80,928

+ 1,424

 

The Index remained unchanged at 8,055 points during the auction period, with a value traded of SAR 34 million in 1,424 transactions.

 

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

Qassim Cement

52.20

51.80

(0.77%)

MedGulf

15.00

14.92

(0.53%)

SABB Takaful

15.70

15.62

(0.51%)

MESC

9.44

9.40

(0.42%)

Walaa

14.46

14.40

(0.41%)

Saudi Ceramics

24.70

24.60

(0.40%)

Saudi Kayan

10.34

10.30

(0.39%)

AlAbdullatif

11.64

11.60

(0.34%)

Alhokair Group

14.94

14.90

(0.27%)

Ma’aden

45.30

45.20

(0.22%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

FARM Supestores

15.42

15.56

+ 0.91 %

BCI

20.98

21.14

+ 0.76 %

Al Waha

44.05

44.35

+ 0.68 %

Knowledge City

9.59

9.65

+ 0.63 %

ACIG

16.90

17.00

+ 0.59 %

Allianz SF

29.95

30.10

+ 0.50 %

Tasnee

13.24

13.30

+ 0.45 %

Buruj

18.28

18.36

+ 0.44 %

AlBabtain

24.46

24.56

+ 0.41 %

QACO

10.44

10.48

+ 0.38 %

 

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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