How did Tadawul shares fare during auction time today?

22/10/2019 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 shed 4 points during the closing auction and trade at last session, with a value traded of SAR 140 million, reducing its daily gains to 109 points.

 

A total of 2,649 transactions were executed on nearly 4.8 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 Oct. 22 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,877

7,873

(4)

Value Traded

 (SAR mln)

3,072

3,212

+ 140

Volume Traded

(mln shares)

129.51

134.32

+ 4.81

Number of transactions

114,961

117,610

+ 2,649

 

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

Knowledge City

9.13

8.80

(3.61%)

Printing & Packaging

12.00

11.82

(1.50%)

MedGulf

14.56

14.44

(0.82%)

SRMG

62.90

62.50

(0.64%)

Albilad

25.95

25.80

(0.58%)

Qassim Cement

53.00

52.70

(0.57%)

AXA

25.00

24.86

(0.56%)

Chubb Arabia

20.00

19.90

(0.50%)

SEC

20.68

20.58

(0.48%)

Ma’aden

42.80

42.60

(0.47%)

SIIG

22.00

21.90

(0.45%)

Riyad

22.10

22.00

(0.45%)

Saudi Cement

71.00

70.70

(0.42%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Bawan

14.20

14.38

+ 1.27 %

MetLife AIG ANB

15.20

15.38

+ 1.18 %

FIPCO

27.55

27.85

+ 1.09 %

Allianz Saudi Fransi

25.00

25.20

+ 0.80 %

Amana

11.70

11.78

+ 0.68 %

Dur

20.86

21.00

+ 0.67 %

Farm Superstores

14.90

15.00

+ 0.67 %

Zamil Industrial

16.30

16.40

+ 0.61 %

Yanbu Cement

33.80

34.00

+ 0.59 %

Leejam

74.60

75.00

+ 0.54 %

 

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