How did Tadawul shares fare during auction time today?

09/07/2019 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 added 16 points during the closing auction and trade at last session, with a value traded of SAR 75 million, raising its daily gains to 27 points.

 

A total of 1,985 transactions were executed on nearly 2.5 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 July 9 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,838

8,854

+ 16

Value Traded

 (SAR mln)

2,801

2,876

+ 75

Volume Traded

(mln shares)

129.0

131.5

+ 2.5

Number of transactions

100,542

102,527

+ 1,985

 

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

ZOUJAJ

17.82

17.70

(0.67%)

Aslak

14.80

14.74

(0.41%)

Almarai

51.70

51.50

(0.39%)

Northern Cement

9.55

9.52

(0.31%)

City Cement

13.94

13.90

(0.29%)

SARCO

38.30

38.20

(0.26%)

Kingdom Holding

7.83

7.81

(0.26%)

Anaam

9.22

9.20

(0.22%)

Knowledge City

10.02

10.00

(0.20%)

MESC

10.56

10.54

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Qassim Cement

50.40

50.90

0.99%

Mouwasat

89.10

89.80

0.79%

Al Othaim

79.10

79.70

0.76%

Petrochem

24.08

24.26

0.75%

AXA

24.30

24.46

0.66%

Mobily

26.15

26.30

0.57%

Albilad

26.85

27.00

0.56%

NCB

55.20

55.50

0.54%

AICC

19.00

19.10

0.53%

Aldrees

38.25

38.45

0.52%

 

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