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 03:00 and 03:10 pm.
The table below compares the performance of Tadawul All Share Index (TASI):
|
TASI Performance During July 15 Auction |
|||
|
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
|
TASI (Points) |
8,404 |
8,405 |
+1 |
|
Value Traded (SAR mln) |
2,625 |
2,634 |
+9 |
|
Volume Traded (mln shares) |
108.9 |
109.2 |
+0.3 |
|
Number of transactions |
81,598 |
82,024 |
+426 |
The Index increased by one point during the auction period, with a value traded of SAR 9 million in 426 transactions, thereby increasing daily gains to 43 points. The volume traded represented 0.4 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 |
|
MESC |
8.08 |
8.05 |
(0.37%) |
|
Bupa Arabia |
87.70 |
87.40 |
(0.34%) |
|
ARDCO |
17.94 |
17.90 |
(0.22%) |
|
SARCO |
48.40 |
48.30 |
(0.21%) |
|
BCI |
26.10 |
26.05 |
(0.19%) |
|
Al Rajhi Takaful |
57.50 |
57.40 |
(0.17%) |
|
Ma’aden |
57.70 |
57.60 |
(0.17%) |
|
Samba |
32.15 |
32.10 |
(0.16%) |
|
Yansab |
75.60 |
75.50 |
(0.13%) |
|
Al Masha’ar REIT |
7.72 |
7.71 |
(0.13%) |
The following stocks gained during the auction period:
|
Gainers (SAR) |
|||
|
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
|
Tabuk Cement |
13.74 |
13.86 |
+0.87% |
|
SAPTCO |
14.40 |
14.50 |
+0.69% |
|
Arabian Cement |
27.30 |
27.45 |
+0.55% |
|
Maadaniyah |
19.30 |
19.40 |
+0.52% |
|
Trade Union |
23.30 |
23.42 |
+0.52% |
|
Bahri |
29.35 |
29.50 |
+0.51% |
|
Najran Cement |
9.14 |
9.18 |
+0.44% |
|
Research & Marketing |
96.60 |
97.00 |
+0.41% |
|
Care |
59.00 |
59.20 |
+0.34% |
|
Al Khodari |
7.55 |
7.57 |
+0.26% |
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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