How did Tadawul shares fare during auction time today?

16/04/2019 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 16 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,141

9,140

(1)

Value Traded

 (SAR mln)

3,427

3,459

+32

Volume Traded

(mln shares)

132.1

133.3

+1.2

Number of transactions

110,841

111,987

+1,146

 

The Index dropped 1 point during the auction period, with a value traded of SAR 32 million in 1,146 transactions, reducing its daily gains to 51 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

Jarir

177.80

176.00

(1.01%)

AlBaha

20.66

20.56

(0.48%)

eXtra

68.50

68.20

(0.44%)

Enaya

13.88

13.82

(0.43%)

Yamama Cement

15.42

15.36

(0.39%)

SIIG

26.80

26.70

(0.37%)

Herfy

59.20

59.00

(0.34%)

Allianz SF

29.95

29.85

(0.33%)

Alawwal

18.20

18.14

(0.33%)

SAPTCO

14.36

14.32

(0.28%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Alhokair

25.95

26.30

+1.35%

Budget Saudi

33.65

33.95

+0.89%

Umm Al Qura Cement

12.46

12.56

+0.80%

SPIMACO

27.80

28.00

+0.72%

MedGulf

15.20

15.30

+0.66%

Printing & Packaging

15.42

15.52

+0.65%

National Learning

23.80

23.94

+0.59%

SADAFCO

109.80

110.40

+0.55%

Bawan

14.48

14.54

+0.41%

Care

51.50

51.70

+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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