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 August 19 Auction |
|||
|
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
|
TASI (Points) |
8,589 |
8,566 |
(23) |
|
Value Traded (SAR mln) |
3,269 |
3,437 |
+169 |
|
Volume Traded (mln shares) |
114.01 |
118.60 |
+4.59 |
|
Number of transactions |
175,760 |
178,856 |
+ 3,096 |
The Index dropped by 23 points during the auction period, with a value traded of SAR 169 million in 3,096 transactions, cutting its daily gains to 38 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 |
|
Savola |
32.55 |
32.10 |
(1.38%) |
|
Advanced |
59.20 |
58.50 |
(1.18%) |
|
SEC |
20.90 |
20.66 |
(1.14%) |
|
SRMG |
91.60 |
90.70 |
(0.98%) |
|
Southern Cement |
57.00 |
56.50 |
(0.88%) |
|
Al Akaria |
11.92 |
11.82 |
(0.84%) |
|
Sipchem |
19.90 |
19.74 |
(0.80%) |
|
Almarai |
51.60 |
51.20 |
(0.78%) |
|
NCB |
52.10 |
51.70 |
(0.77%) |
|
Yansab |
56.50 |
56.10 |
(0.71%) |
The following stocks gained during the auction period:
|
Gainers (SAR) |
|||
|
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
|
SAICO |
11.48 |
11.70 |
+ 1.91% |
|
Mouwasat |
88.00 |
88.80 |
+ 0.91% |
|
BCI |
21.70 |
21.86 |
+ 0.73% |
|
SISCO |
15.30 |
15.40 |
+ 0.65% |
|
Care |
51.60 |
51.90 |
+ 0.58% |
|
Buruj |
18.28 |
18.38 |
+ 0.55% |
|
Saudi Re |
9.91 |
9.96 |
+ 0.50% |
|
Al Rajhi Takaful |
59.70 |
60.00 |
+ 0.50% |
|
Gulf General |
12.46 |
12.52 |
+ 0.48% |
|
ANB |
25.35 |
25.45 |
+ 0.39% |
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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