3.9 mln of Aramco’s Shares Traded, 685 Deals Executed, worth SR137 mln

Aramco company share has risen during the auction of Tuesday August 31^{st 2021, gaining SR} 0.15, to close at SR35.15 against SR35.00 before the auction, while the share price rose 0.29 per cent, during the next coming session, compared to the last closing.

As much as 3.9 mln shares were changed hands, during the trading session on the closing price, set at 10-minute, worth SR135.5, through executing as much as 685 deals.

Valuation of traded shares have risen to SR263 million, at the closing of Tuesday August 31^st against SR126.5 million before the auction, while the number of traded shares was 7.5 million vs 3.6 million before the auction.

It’s noteworthy that the auction is settled through the closing price calculation, as the closing price is to be factored in, based on the auction mechanism, that takes into account the supply and demand during the auction time closing, to attain the just price and the equilibrium price is to be calculated during the 10-minute period.

The auction to begin, following the end of the ongoing trading (session-open market) at 3:00 pm and to end by 3:10 pm.

The closing price shall be simultaneously, decided, with the execution of the orders, at 3:10 pm + a maximum of 30 seconds, on a daily variation.

Furthermore, the closing price shall be only based, on the regular deal, which is the share deal price with a value exceeding SR15,000.

In case, there is no regular deal, the closing price shall be decided, based on the last deal price, during the ongoing trading, and if there is no ongoing trading deal, the closing price shall be decided based on the closing price of the previous day closing price.

On the closing auction time, the market orders shall be displayed as the best demand/the best supply, on the orders register, without a price, during the auction time.

Trading session on the closing price is an extra session, following the closing auction, as the trading shall not be done, but on the closing resulting from the closing auction, while the trading session shall be begun on the closing price at 3:10 pm up to 3:20 pm.

Table displays Aramco’s share performance, during the auction time