How did Tadawul shares fare during auction time today?

10/09/2019 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 Sept. 10 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,941

7,965

+ 24

Value Traded

 (SAR mln)

2,734

2,982

+ 248.76

Volume Traded

(mln shares)

111.15

118.05

+ 6.90

Number of transactions

114,563

117,332

+ 2,769

 

The Index edged up by 24 point during the auction period, with a value traded of SAR 248.76 million in 2,769 transactions, narrowing its daily losses to 90 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

BATIC

30.90

30.15

(2.43%)

Al Othaim

78.20

77.20

(1.28%)

SARCO

42.00

41.50

(1.19%)

Aslak

15.26

15.12

(0.92%)

Takween

7.67

7.61

(0.78%)

Shaker

8.05

8.00

(0.62%)

SADAFCO

128.20

127.60

(0.47%)

Care

51.50

51.30

(0.39%)

Bahri

26.95

26.85

(0.37%)

L’Azurde

16.52

16.46

(0.36%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

BSF

32.90

33.40

 1.52%

AlAbdullatif

11.44

11.60

 1.40%

Saudi Cement

60.60

61.30

 1.16%

Taiba

28.30

28.60

 1.06%

Zain

12.40

12.52

 0.97%

Al Rajhi Takaful

64.00

64.60

 0.94%

NCB

46.40

46.80

 0.86%

SRMG

88.50

89.20

 0.79%

Riyad

24.92

25.10

 0.72%

Petro Rabigh

19.60

19.74

 0.71%

 

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