How did Tadawul shares fare during auction time today?

07/08/2019 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 August 7 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8509

8483

( 26 )

Value Traded

 (SAR mln)

2875

3042

167+

Volume Traded

(mln shares)

106.72

111.43

4.71+

Number of transactions

97979

100735

2756+

 

The Index dropped by 26 points during the auction period, with a value traded of SAR 167 million in 2,756 transactions, cutting its daily gains to 89 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

Saudi Cement

69.00

62.00

(%10.14)

BSF

36.35

36.05

(%0.83)

SEC

19.86

19.70

(%0.81)

NCB

51.60

51.20

(%0.78)

Aseer

9.17

9.10

(%0.76)

SIIG

23.90

23.72

(%0.75)

Aldrees

42.80

42.50

(%0.70)

Samba

29.75

29.55

(%0.67)

Leejam

80.80

80.30

(%0.62)

Bank Aljazira

14.88

14.80

(%0.54)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Arabian Shield 

15.86

16.20

%2.14+

Yanbu Cement

33.30

33.75

1.35%+

Southern Cement

54.50

55.10

%1.10+

Bank Albilad

28.85

29.10

%0.87+

Bawan

14.78

14.90

%0.81+

Gulf General

12.40

12.50

%0.81+

Arab National Bank

25.15

25.35

%0.80+

SRMG

89.20

89.90

0.78%+

Al Alamiya

20.94

21.10

0.76%+

Riyad REIT

8.32

8.38

0.72%+

 

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.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read