How did Tadawul shares fare during auction time today?

15/04/2019 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 15 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,084

9,088

+4

Value Traded

 (SAR mln)

3,073

3,102

+29

Volume Traded

(mln shares)

122.8

123.8

+1.0

Number of transactions

111,465

112,553

+1,088

 

The Index rose around 4 points during the auction period, with a value traded of SAR 29 million in 1088 transactions, increasing its daily gains to 33 points. The volume traded represented 0.9 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

Bupa Arabia

86.50

85.50

(1.16%)

Cable

41.30

41.15

(0.36%)

Shams

30.60

30.50

(0.33%)

Allianz SF

30.90

30.80

(0.32%)

Amiantit

6.19

6.17

(0.32%)

SRMG

71.60

71.40

(0.28%)

Al Othaim

80.20

80.00

(0.25%)

Al Rajhi REIT

8.40

8.38

(0.24%)

Yansab

73.60

73.50

(0.14%)

Kingdom Holding

8.34

8.33

(0.12%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SIIG

26.70

26.90

+0.75%

Budget Saudi

34.45

34.65

+0.58%

Chubb Arabia

28.05

28.20

+0.53%

Al Ahsa Development

11.60

11.66

+0.52%

Gulf General

12.10

12.16

+0.50%

Mouwasat

82.40

82.80

+0.49%

Jarir

173.00

173.80

+0.46%

Al Yamamah Steel

18.60

18.68

+0.43%

SAIC

14.02

14.08

+0.43%

SABB

38.55

38.70

+0.39%

 

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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