How did Tadawul shares fare during auction time today?

17/04/2019 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 17 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,229

9,238

+9

Value Traded

 (SAR mln)

4,712

4,797

+85

Volume Traded

(mln shares)

164.0

166.6

+2.6

Number of transactions

126,527

127,921

+1,394

 

The Index rose 9 points during the auction period, with a value traded of SAR 85 million in 1,394 transactions, increasing its daily gains to 99 points. The volume traded represented 1.18 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

National Gypsum

12.68

12.58

(0.79%)

FIPCO

33.75

33.50

(0.74%)

Al Ahsa Development

11.86

11.80

(0.51%)

Aljazira REIT

13.44

13.38

(0.45%)

Gulf Union

15.40

15.34

(0.39%)

Walaa

26.80

26.70

(0.37%)

SADAFCO

108.40

108.00

(0.37%)

Kingdom Holding

8.30

8.27

(0.36%)

STC

111.40

111.00

(0.36%)

MetLife AIG ANB

22.78

22.72

(0.26%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AXA

26.15

26.45

+1.15%

Allianz SF

29.70

30.00

+1.01%

eXtra

68.50

69.10

+0.88%

Al Rajhi Takaful

67.20

67.70

+0.74%

Arabian Cement

24.62

24.80

+0.73%

National Learning

24.00

24.16

+0.67%

Al Akaria

12.26

12.34

+0.65%

GASCO

31.55

31.75

+0.63%

SIIG

26.50

26.65

+0.57%

Chubb Arabia

27.50

27.65

+0.55%

 

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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