How did Tadawul shares fare during auction time today?

16/10/2019 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. 16 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,523

7,518

(5)

Value Traded

 (SAR mln)

2,490

2,703

+ 213

Volume Traded

(mln shares)

97.34

104.24

+ 6.9

Number of transactions

109,445

112,134

+ 2,689

 

The Index declined by 5 points during the auction period, with a value traded of SAR 213 million in 2,689 transactions, decreasing its daily gains to 37 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

SARCO

41.30

40.55

(1.82%)

Southern Cement

53.40

52.60

(1.50%)

Enaya

8.00

7.90

(1.25%)

Zain Saudi

12.06

11.98

(0.66%)

Advanced

46.80

46.50

(0.64%)

STC

99.80

99.20

(0.60%)

NCB

41.65

41.40

(0.60%)

Al Hammadi

20.92

20.80

(0.57%)

Printing & Packaging

11.68

11.62

(0.51%)

SIECO

62.80

62.50

(0.48%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Yanbu Cement

32.10

32.50

+ 1.25 %

Red Sea

12.84

13.00

+ 1.25 %

SAFCO

78.30

79.00

+ 0.89 %

Saudi Cement

66.50

67.00

+ 0.75 %

SISCO

14.50

14.60

+ 0.69 %

Emaar

9.23

9.29

+ 0.65 %

Al Ahsa

10.08

10.14

+ 0.60 %

NADEC

25.85

26.00

+ 0.58 %

AlAbdullatif

11.24

11.30

+ 0.53 %

Amana

9.40

9.45

+ 0.53 %

 

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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