How did Tadawul shares fare during auction time today?

13/10/2019 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. 13 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,642

7,631

(11)

Value Traded

 (SAR mln)

1,870

1,913

+ 43

Volume Traded

(mln shares)

72.69

74.35

+ 1.66

Number of transactions

72,110

73,577

+ 1,467

 

The Index declined by 11 points during the auction period, with a value traded of SAR 43 million in 1,467 transactions, widening its daily losses to 64 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

SABB

29.75

29.40

(1.18%)

Taleem REIT

10.86

10.74

(1.10%)

Nama

21.66

21.44

(1.02%)

BSF

29.60

29.40

(0.68%)

Saudi Cement

63.60

63.20

(0.63%)

Chubb Arabia

18.80

18.70

(0.53%)

Arabian Pipes

11.76

11.70

(0.51%)

SAFCO

80.00

79.60

(0.50%)

AXA

24.60

24.50

(0.41%)

STC

100.40

100.00

(0.40%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AICC

15.26

15.50

+ 1.57 %

Walaa

13.72

13.88

+ 1.17 %

SIECO

63.30

63.90

+ 0.95 %

Ataa

29.25

29.50

+ 0.85 %

Red sea

12.84

12.94

+ 0.78 %

Advanced

47.00

47.35

+ 0.74 %

Budget Saudi

34.75

35.00

+ 0.72 %

AlBabtain

23.52

23.68

+ 0.68 %

SARCO

46.40

46.65

+ 0.54 %

Buruj

19.38

19.46

+ 0.41 %

 

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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