AI Summary
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 Nov.15 Auction |
|||
|
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
|
TASI (Points) |
7,666 |
7,662 |
(4) |
|
Value Traded (SAR mln) |
2,928 |
2,944 |
+16 |
|
Volume Traded (mln shares) |
127.8 |
128.5 |
+0.7 |
|
Number of transactions |
112,894 |
113,614 |
+720 |
The Index shed 4 points during the auction period, with a value traded of SAR 16 million in 720 transactions, reducing daily gains to 2 points. The volume traded represented 0.5 percent of total day’s activity.
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 |
|
Southern Cement |
38.10 |
37.70 |
(1.05%) |
|
Saudi Cement |
25.20 |
25.00 |
(0.79%) |
|
Nadec |
28.90 |
28.70 |
(0.69%) |
|
Nama |
29.00 |
28.80 |
(0.69%) |
|
Saudi Ceramic |
20.92 |
20.80 |
(0.57%) |
|
eXtra |
59.30 |
59.00 |
(0.51%) |
|
Printing & Packaging |
16.72 |
16.64 |
(0.48%) |
|
Al Rajhi |
84.70 |
84.30 |
(0.47%) |
|
SADAFCO |
96.60 |
96.20 |
(0.41%) |
|
Alasmak |
26.60 |
26.50 |
(0.38%) |
The following stocks gained during the auction period:
|
Gainers (SAR) |
|||
|
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
|
Buruj |
25.00 |
25.45 |
+1.80% |
|
Alawwal |
14.68 |
14.88 |
+1.36% |
|
SEDCO Capital REIT |
7.30 |
7.37 |
+0.96% |
|
Al Sorayai |
13.50 |
13.62 |
+0.89% |
|
Al Alamiya |
34.60 |
34.90 |
+0.87% |
|
MEPCO |
20.98 |
21.16 |
+0.86% |
|
Al Ahsa Development |
10.16 |
10.24 |
+0.79% |
|
Aljazira |
13.96 |
14.06 |
+0.72% |
|
SAICO |
11.30 |
11.38 |
+0.71% |
|
Al Ahlia |
11.42 |
11.50 |
+0.70% |
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.
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