How did Tadawul shares fare during auction time today?

15/10/2019 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. 15 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,498

7,482

(16)

Value Traded

 (SAR mln)

2,062

2,192

+ 130

Volume Traded

(mln shares)

86.31

90.45

+ 4.14

Number of transactions

112,897

115,473

+ 2,576

 

The Index declined by 16 points during the auction period, with a value traded of SAR 130 million in 2,576 transactions, widening its daily losses to 118 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

BATIC

30.75

30.35

(1.30%)

Samba

25.90

25.65

(0.97%)

SIIG

21.58

21.40

(0.83%)

Malath

8.50

8.43

(0.82%)

Jarir

150.00

148.80

(0.80%)

Maharah

88.70

88.00

(0.79%)

Leejam

78.80

78.20

(0.76%)

Tawuniya

70.00

69.50

(0.71%)

NCB

41.60

41.35

(0.60%)

Riyad

21.10

20.98

(0.57%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Salama

11.68

11.90

+ 1.88 %

Shams

22.50

22.88

+ 1.69 %

Thimar

18.70

18.98

+ 1.50 %

SADAFCO

128.80

130.40

+ 1.24 %

Buruj

18.50

18.70

+ 1.08 %

Dur

19.72

19.88

+ 0.81 %

FIPCO

26.90

27.10

+ 0.74 %

Budget Saudi

34.40

34.65

+ 0.73 %

Mouwasat

84.90

85.40

+ 0.59 %

Saudi Chemical

23.84

23.98

+ 0.59 %

 

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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