How did Tadawul shares fare during auction time today?

06/10/2019 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 shed 8 points during the closing auction and trade at last session, with a value traded of SAR 74 million, reducing its daily gains to 42 points.

 

A total of 1,655 transactions were executed on nearly 2.7 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 Oct. 6 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,971

7,963

(8)

Value Traded

 (SAR mln)

2,560

2,634

+ 74

Volume Traded

(mln shares)

101.22

103.92

+ 2.70

Number of transactions

107,659

109,314

+ 1,655

 

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 Chemical

24.88

24.66

(0.88%)

SRMG

73.90

73.40

(0.68%)

Riyad

23.42

23.28

(0.60%)

Samba

27.30

27.15

(0.55%)

Jabal Omar

29.15

29.00

(0.51%)

Tawuniya

68.50

68.20

(0.44%)

Alasmak

45.70

45.50

(0.44%)

Alhokair

25.30

25.20

(0.40%)

Saudi German Hospitals

27.40

27.30

(0.36%)

Savola

30.00

29.90

(0.33%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

ACIG

16.48

16.62

+ 0.85 %

SAICO

10.32

10.40

+ 0.78 %

Al Othaim

80.40

81.00

+ 0.75 %

Chubb Arabia

20.10

20.24

+ 0.70 %

Budget Saudi

36.40

36.65

+ 0.69 %

MetLife AIG ANB

16.06

16.16

+ 0.62 %

National Learning

26.00

26.15

+ 0.58 %

FARM Superstores

15.32

15.40

+ 0.52 %

Fitness Time

81.60

82.00

+ 0.49 %

Gulf Training

13.36

13.42

+ 0.45 %

 

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