How did Tadawul shares fare during auction time today?

11/07/2019 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 4 points during the closing auction and trade at last session, with a value traded of SAR 96 million, raising its daily gains to 63 points.

 

A total of 2,088 transactions were executed on nearly 3.3 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 11 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,964

8,968

+4

Value Traded

 (SAR mln)

3,820

3,916

+96

Volume Traded

(mln shares)

131.8

135.1

+3.3

Number of transactions

106,249

108,337

+ 2,088

 

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

Yanbu Cement

34.70

34.50

(0.58%)

SACO

71.20

70.80

(0.56%)

Arabian Cement

28.40

28.25

(0.53%)

Bupa Arabia

106.80

106.40

(0.37%)

Maharah

93.60

93.30

(0.32%)

eXtra

74.00

73.80

(0.27%)

SABB

40.00

39.90

(0.25%)

Al Jouf Cement

8.38

8.36

(0.24%)

Al Sorayai

10.08

10.06

(0.20%)

Arabian Pipes

10.26

10.24

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Ma’aden

47.80

48.30

1.05%

Jadwa REIT Saudi

9.64

9.74

1.04%

Amana

12.68

12.76

0.63%

Riyad

28.30

28.45

0.53%

Saudi Ceramics

20.80

20.90

0.48%

Derayah REIT

9.25

9.29

0.43%

SISCO

15.02

15.08

0.40%

Astra

15.30

15.36

0.39%

STC

105.20

105.60

0.38%

Electrical Industries

16.62

16.68

0.36%

 

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