How did Tadawul shares fare during auction time today?
15/07/2019 Argaam Special
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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 2 points during the closing auction and trade at last session, with a value traded of SAR 76 million, reducing its daily gains to 29 points.
A total of 1,971 transactions were executed on nearly 2.3 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 15 Auction
Market closing time
Auction closing time
Number of transactions
Below is a track of individual stock movements post trading hours:
Allianz Saudi Fransi
The following stocks gained during the auction period: