How did Tadawul shares fare during auction time today?

05/09/2019 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 Sept. 05 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,040

8,054

+14

Value Traded

 (SAR mln)

3,205

3,596

+ 390.49

Volume Traded

(mln shares)

135.04

146.05

+ 11

Number of transactions

123,975

126,804

+2 ,829

 

The Index edged up by 14 point during the auction period, with a value traded of SAR 390.49 million in 2,829 transactions, narrowing its daily losses to 4 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

Al Akaria

11.94

11.80

(1.17%)

Farm Superstores

15.00

14.84

(1.07%)

Al Alamiya

19.70

19.50

(1.02%)

Bupa Arabia

104.00

103.00

(0.96%)

Care

53.70

53.20

(0.93%)

Yanbu Cement

33.45

33.15

(0.90%)

Southern Cement

54.80

54.40

(0.73%)

SIIG

21.80

21.66

(0.64%)

Mobily

24.84

24.70

(0.56%)

SAFCO

81.70

81.30

(0.49%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Chubb Arabia

20.44

20.82

 1.86%

L’Azurde

16.62

16.76

 0.84%

SADAFCO

129.00

130.00

 0.78%

Albilad

26.15

26.35

 0.76%

Arabia Shield

15.84

15.96

 0.76%

Allianz Saudi Fransi

26.50

26.70

 0.75%

Aljazira

13.76

13.86

 0.73%

Samba

28.70

28.90

 0.70%

Savola

29.80

30.00

 0.67%

Ma’aden

45.15

45.45

 0.66%

 

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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