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 rallied 44 points during the closing auction and trade at last session, with a value traded of SAR 240.51 million, increasing its daily gains to 134 points.

 

National Commercial Bank’s (NCB) stock rose 2.6 percent during the auction session gaining 4.7 percent compared to the initial closing. The bank’s share closed at a price of SAR 47.8 with a trading volume of 427,000 shares during the auction time representing 17 percent of the share’s total trading of the day.

 

A total of 3,298 transactions were executed on nearly 8.44 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 Sept. 04 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,014

8,058

+44

Value Traded

 (SAR mln)

3,122

3,363

+240.51

Volume Traded

(mln shares)

128.93

137.37

+ 8.44

Number of transactions

118,104

121,402

+ 3,298

 

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

SASCO

20.78

20.64

(0.67%)

Al Ma’athar REIT

7.94

7.90

(0.50%)

Taiba

28.60

28.50

(0.35%)

Al Hammadi

22.08

22.02

(0.27%)

Saudi Re

9.24

9.22

(0.22%)

Al Ahsa

10.78

10.76

(0.19%)

QACO

10.92

10.90

(0.18%)

Aljazira REIT

12.14

12.12

(0.16%)

SAIC

13.72

13.70

(0.15%)

Bawan

14.48

14.46

(0.14%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

NCB

46.60

47.80

 2.58%

STC

102.40

104.00

 1.56%

Malath

9.30

9.40

 1.08%

Budget Saudi

33.50

33.85

 1.04%

Anaam

8.88

8.97

 1.01%

Care

52.00

52.50

 0.96%

Buruj

17.70

17.86

 0.90%

Ma’aden

45.50

45.90

 0.88%

SEC

20.94

21.12

 0.86%

Al Ahli Takaful

25.70

25.90

 0.78%

 

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Quotes

STC
39.95
0.15 0.38%
SAUDI ELECTRICITY
16.78
(0.08) (0.47%)
GACO
18.62
0.32 1.75%
AYYAN
14.06
(0.22) (1.54%)
SAIC
35.35
(0.05) (0.14%)
SASCO
77.50
(0.20) (0.26%)
ANAAM HOLDING
1.24
(0.01) (0.80%)
TAIBA
39.50
(0.15) (0.38%)
MAADEN
53.00
(0.50) (0.93%)
BUDGET SAUDI
74.00
(0.70) (0.94%)
BURUJ
18.56
(0.12) (0.64%)
MALATH INSURANCE
15.76
0.06 0.38%
SAUDI RE
43.30
2.85 7.05%
ATC
34.00
0.05 0.15%
BAWAN
49.15
0.15 0.31%
CARE
164.20
2.00 1.23%
SNB
33.10
(0.20) (0.60%)
ALHAMMADI
39.55
0.15 0.38%
ALJAZIRA REIT
15.50
(0.10) (0.64%)
AL MAATHER REIT
9.40
0.05 0.53%


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