How did Tadawul shares fare during auction time today?

10/10/2019 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 Oct. 10 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,688

7,695

+ 7

Value Traded

 (SAR mln)

2,132

2,240

+ 108

Volume Traded

(mln shares)

85.57

89.30

+ 3.73

Number of transactions

121,151

123,948

+ 2,797

 

The Index rose by 7 points during the auction period, with a value traded of SAR 108 million in 2,797 transactions, narrowing its daily losses to 20 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

Allianz SF

26.00

25.70

(1.15%)

Savola

28.15

28.00

(0.53%)

SACO

61.90

61.60

(0.48%)

SAIC

13.06

13.02

(0.31%)

AICC

15.54

15.50

(0.26%)

Emaar

9.25

9.23

(0.22%)

Qassim Cement

51.50

51.40

(0.19%)

Aldrees

54.40

54.30

(0.18%)

Al Rajhi

58.10

58.00

(0.17%)

Albilad

23.46

23.42

(0.17%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

NADEC

25.40

26.05

+ 2.56 %

ACIG

16.38

16.62

+ 1.47 %

Tawuniya

71.50

72.40

+ 1.26 %

Herfy

51.40

52.00

+ 1.17 %

Al Ma’athar REIT

8.00

8.09

+ 1.13 %

MedGulf

14.78

14.94

+ 1.08 %

BSF

29.90

30.15

+ 0.84 %

Jadwa REIT Saudi

10.02

10.10

+ 0.80 %

SABB Takaful

15.20

15.32

+ 0.79 %

Saudi Cement

65.30

65.80

+ 0.77 %

 

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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