How did Tadawul shares fare during auction time today?

16/10/2019 Argaam Special

 

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 Oct. 16 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,523

7,518

(5)

Value Traded

 (SAR mln)

2,490

2,703

+ 213

Volume Traded

(mln shares)

97.34

104.24

+ 6.9

Number of transactions

109,445

112,134

+ 2,689

 

The Index declined by 5 points during the auction period, with a value traded of SAR 213 million in 2,689 transactions, decreasing its daily gains to 37 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

SARCO

41.30

40.55

(1.82%)

Southern Cement

53.40

52.60

(1.50%)

Enaya

8.00

7.90

(1.25%)

Zain Saudi

12.06

11.98

(0.66%)

Advanced

46.80

46.50

(0.64%)

STC

99.80

99.20

(0.60%)

NCB

41.65

41.40

(0.60%)

Al Hammadi

20.92

20.80

(0.57%)

Printing & Packaging

11.68

11.62

(0.51%)

SIECO

62.80

62.50

(0.48%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Yanbu Cement

32.10

32.50

+ 1.25 %

Red Sea

12.84

13.00

+ 1.25 %

SAFCO

78.30

79.00

+ 0.89 %

Saudi Cement

66.50

67.00

+ 0.75 %

SISCO

14.50

14.60

+ 0.69 %

Emaar

9.23

9.29

+ 0.65 %

Al Ahsa

10.08

10.14

+ 0.60 %

NADEC

25.85

26.00

+ 0.58 %

AlAbdullatif

11.24

11.30

+ 0.53 %

Amana

9.40

9.45

+ 0.53 %

 

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.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read