How did Tadawul shares fare during auction time today?

30/05/2019 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 rose 9 points during the closing auction and trade at last session, with a value traded of SAR 179 million, increasing its daily gains to 103 points.

 

A total of 2,469 transactions were executed on nearly 5.6 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 May 30 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,507

8,516

+9

Value Traded

 (SAR mln)

2,545

2,724

+179

Volume Traded

(mln shares)

89.5

95.1

+ 5.6

Number of transactions

88,294

90,763

+ 2,469

 

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

BSF

40.90

40.05

(2.08%)

BCI

22.00

21.60

(1.82%)

Qassim Cement

44.40

43.80

(1.35%)

Alhokair

13.18

13.02

(1.21%)

Al Ahli Takaful

23.90

23.64

(1.09%)

Thimar

19.00

18.84

(0.84%)

Saudi Cement

63.70

63.30

(0.63%)

Tawuniya

69.70

69.30

(0.57%)

Gulf Union

11.10

11.04

(0.54%)

Alinma Tokio M.

12.12

12.06

(0.50%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Gulf General

10.72

10.96

2.24 %

MEFIC REIT

8.32

8.45

1.56 %

Riyad

26.20

26.50

1.15 %

BATIC

31.10

31.45

1.13 %

Yamama Cement

16.80

16.98

1.07 %

Mouwasat

84.30

85.20

1.07 %

Alawwal

17.78

17.96

1.01 %

Fitaihi

10.90

11.00

0.92 %

Red Sea

13.52

13.64

0.89 %

Arabian Pipes

9.04

9.12

0.88 %

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