How did Tadawul shares fare during auction time today?

21/04/2019 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 21 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,239

9,240

+1

Value Traded

 (SAR mln)

2,840

2,878

+38

Volume Traded

(mln shares)

117.9

119.7

+1.8

Number of transactions

90,107

91,021

+914

 

The Index edged up 1 point during the auction period, with a value traded of SAR 38 million in 914 transactions, increasing its daily gains to 43 points. The volume traded represented 1.3 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

SEC

16.46

16.40

(0.36%)

Dallah

47.25

47.10

(0.32%)

Savola

33.70

33.60

(0.30%)

SRMG

68.70

68.50

(0.29%)

Thimar

24.40

24.34

(0.25%)

Riyad

26.70

26.65

(0.19%)

City Cement

10.94

10.92

(0.18%)

Alinma

28.05

28.00

(0.18%)

Herfy

58.20

58.10

(0.17%)

Amiantit

6.10

6.09

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Allianz SF

29.55

29.80

+0.85%

Shams

30.05

30.30

+0.83%

Gulf Union

15.20

15.28

+0.53%

Ma’adaniyah

17.82

17.90

+0.45%

SAPTCO

14.28

14.34

+0.42%

Sera

19.26

19.34

+0.42%

Steel Pipe

23.74

23.82

+0.43%

National Learning

24.38

24.46

+0.33%

Saudi Chemical

35.05

35.15

+0.29%

Samba

38.60

38.70

+0.26%

 

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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