How did Tadawul shares fare during auction time today?

22/07/2019 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 dropped 26 points during the closing auction and trade at last session, with a value traded of SAR 137 million, widening its daily losses to 50 points.

 

A total of 2,626 transactions were executed on nearly 3.7 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 22 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,933

8,907

(26)

Value Traded

 (SAR mln)

2,440

2,577

+ 137

Volume Traded

(mln shares)

92.2

95.9

+3.7

Number of transactions

88,212

90,838

+2,626

 

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

Dur

17.80

17.60

(1.12%)

AXA

25.55

25.30

(0.98%)

BSF

41.85

41.50

(0.84%)

Herfy

57.10

56.70

(0.70%)

Al Rajhi

72.00

71.60

(0.56%)

STC

110.20

109.60

(0.54%)

NCB

56.30

56.00

(0.53%)

Savola

30.15

30.00

(0.50%)

SIDC

8.40

8.36

(0.48%)

Samba

34.00

33.85

(0.44%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Fitaihi

11.30

11.58

+2.48%

Aslak

15.04

15.20

+ 1.06%

Salama

13.70

13.78

+ 0.58%

Aseer

9.15

9.20

+ 0.55%

Leejam

83.10

83.50

+ 0.48%

SAIC

12.74

12.80

+ 0.47%

Al Hammadi

21.68

21.78

+ 0.46%

SABB Takaful

16.80

16.86

+ 0.36%

Budget Saudi

34.35

34.45

+ 0.29%

Petro Rabigh

21.12

21.18

+ 0.28%

 

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