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 18 Auction |
|||
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
TASI (Points) |
9,179 |
9,197 |
+18 |
Value Traded (SAR mln) |
2,788 |
2,873 |
+85 |
Volume Traded (mln shares) |
104.3 |
106.7 |
+2.4 |
Number of transactions |
95,616 |
97,021 |
+1,405 |
The Index jumped 18 points during the auction period, with a value traded of SAR 85 million in 1,405 transactions, reducing its daily losses to 42 points. The volume traded represented 2.9 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 |
Gulf General |
12.50 |
12.36 |
(1.12%) |
Budget Saudi |
33.90 |
33.70 |
(0.59%) |
Al Ahsa |
11.56 |
11.50 |
(0.52%) |
Tabuk Cement |
12.18 |
12.12 |
(0.49%) |
ANB |
25.10 |
25.00 |
(0.40%) |
SACO |
78.70 |
78.40 |
(0.38%) |
Chubb Arabia |
27.10 |
27.00 |
(0.37%) |
Al Khodari |
5.67 |
5.65 |
(0.35%) |
Alasmak |
61.20 |
61.00 |
(0.33%) |
Al Rajhi Takaful |
67.40 |
67.20 |
(0.30%) |
The following stocks gained during the auction period:
Gainers (SAR) |
|||
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
Al Waha |
43.30 |
43.95 |
+1.50% |
SIIG |
26.35 |
26.65 |
+1.14% |
SADAFCO |
108.00 |
109.00 |
+0.93% |
Al Yamamah Steel |
18.30 |
18.46 |
+0.87% |
Fitaihi |
11.56 |
11.66 |
+0.87% |
GASCO |
31.55 |
31.80 |
+0.79% |
Qassim Cement |
38.70 |
39.00 |
+0.78% |
Albilad |
26.05 |
26.20 |
+0.58% |
Zain |
10.56 |
10.62 |
+0.57% |
Dallah |
47.40 |
47.65 |
+0.53% |
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.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}