How did Tadawul shares fare during auction time today?

08/04/2019 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 April 8 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,019

9,038

+19

Value Traded

 (SAR mln)

2,943

3,024

+81

Volume Traded

(mln shares)

115.3

117.5

+2.2

Number of transactions

109,887

111,391

+1,504

 

The Index jumped 19 points during the auction period, with a value traded of SAR 81 million in 1,504 transactions, increasing its daily gains to 27 points. The volume traded represented 2.7 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

Alawwal

18.00

17.92

(0.44%)

SIIG

26.10

26.00

(0.38%)

Bupa Arabia

86.00

85.70

(0.35%)

Shams

30.20

30.10

(0.33%)

Umm Al Qura Cement

12.20

12.16

(0.33%)

JAZADCO

13.98

13.94

(0.29%)

Amana

14.26

14.22

(0.28%)

ANB

24.94

24.88

(0.24%)

SPM

10.96

10.94

(0.18%)

Ma’aden

55.50

55.40

(0.18%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Sagr

12.10

12.20

+0.83%

Herfy

53.80

54.20

+0.74%

Advanced

55.50

55.90

+0.72%

SRMG

73.60

74.10

+0.68%

Tawuniya

59.40

59.80

+0.67%

SADAFCO

106.40

107.00

+0.56%

Al Rajhi

72.00

72.40

+0.56%

Care

47.25

47.50

+0.53%

Yamama Cement

15.24

15.32

+0.52%

NCB

58.00

58.30

+0.52%

Emaar

9.85

9.90

+0.51%

Dur

19.98

20.08

+0.50%

Al Akaria

12.64

12.70

+0.47%

Mashaar REIT

7.30

7.33

+0.41%

Tasnee

19.82

19.90

+0.40%

 

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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