How did Tadawul shares fare during auction time today?

11/04/2019 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 11 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,081

9,088

+7

Value Traded

 (SAR mln)

3,454

3,511

+57

Volume Traded

(mln shares)

131.0

132.5

+1.5

Number of transactions

113,117

114,246

+1,129

 

The Index added 7 points during the auction period, with a value traded of SAR 57 million in 1,129 transactions, increasing its daily gains to 11 points. The volume traded represented 1.6 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

ACIG

21.60

21.28

(1.48%)

Musharaka REIT

8.05

8.00

(0.62%)

Bawan

14.10

14.02

(0.57%)

SPM

10.64

10.58

(0.56%)

SEC

16.56

16.50

(0.36%)

Petrochem

28.35

28.25

(0.35%)

Arabian Pipes

9.65

9.62

(0.31%)

SAIC

13.98

13.94

(0.29%)

Mobily

22.66

22.60

(0.26%)

Al Waha

41.50

41.40

(0.24%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

UCA

11.30

11.40

+0.88%

BSF

39.20

39.50

+0.77%

Fitaihi

11.54

11.62

+0.69%

MetLife AIG ANB

23.16

23.30

+0.60%

Care

48.20

48.45

+0.52%

Saudi German Hospital

33.25

33.40

+0.45%

Budget Saudi

34.65

34.80

+0.43%

Chubb Arabia

26.20

26.30

+0.38%

Albilad

26.45

26.55

+0.38%

SACO

80.40

80.70

+0.37%

 

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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