How did Tadawul shares fare during auction time today?

30/09/2019 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 during the closing auction and trade at last session, with a value traded of SAR 728 million, reducing its daily gains to 37 points.

 

A total of 3,345 transactions were executed on nearly 20.1 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. 30 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,096

8,092

(4)

Value Traded

 (SAR mln)

2,820

3,548

+ 728

Volume Traded

(mln shares)

114.91

135.00

+ 20.09

Number of transactions

109,959

113,304

+ 3,345

 

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

Saudi Cement

72.00

71.20

(1.11%)

SAFCO

81.20

80.30

(1.11%)

Catering

88.40

87.60

(0.90%)

Savola

31.10

30.85

(0.80%)

Saudi Kayan

10.28

10.20

(0.78%)

BSF

32.50

32.25

(0.77%)

Bupa Arabia

107.20

106.40

(0.75%)

Halwani

33.70

33.45

(0.74%)

SADAFCO

135.00

134.00

(0.74%)

Jarir

159.00

158.00

(0.63%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AlBaha

16.40

16.58

+ 1.10 %

Zoujaj

17.88

18.06

+ 1.01 %

Saudi Ceramics

25.15

25.40

+ 0.99 %

Takween

7.86

7.92

+ 0.76 %

BCI

21.00

21.16

+ 0.76 %

Steel Pipe

21.02

21.18

+ 0.76 %

Bawan

14.70

14.80

+ 0.68 %

AICC

18.18

18.30

+ 0.66 %

Musharaka REIT

8.21

8.26

+ 0.61 %

Al Etihad

13.70

13.78

+ 0.58 %

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