How did Tadawul shares fare during auction time today?

22/04/2019 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 22 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,196

9,195

(1)

Value Traded

 (SAR mln)

3,546

3,576

+30

Volume Traded

(mln shares)

157.5

158.6

+1.1

Number of transactions

112,527

113,541

+1,014

 

The Index shed 1 point during the auction period, with a value traded of SAR 30 million in 1,014 transactions, widening its daily losses to 45 points. The volume traded represented 0.8 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

Alasmak

60.50

60.10

(0.66%)

AICC

16.58

16.52

(0.36%)

Alhokair Group

16.68

16.62

(0.36%)

SAICO

11.28

11.24

(0.35%)

Emaar

9.53

9.50

(0.31%)

Tawuniya

67.30

67.10

(0.30%)

Solidarity

14.64

14.60

(0.27%)

Albilad

25.95

25.90

(0.19%)

Almarai

58.60

58.50

(0.17%)

SABIC

124.40

124.20

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SABB Takaful

18.34

18.58

+1.31%

JAZADCO

14.04

14.14

+0.71%

Printing & Packaging

15.30

15.38

+0.52%

Saudi Chemical

33.80

33.95

+0.44%

Eastern Cement

24.14

24.24

+0.41%

ACIG

20.20

20.28

+0.40%

SADAFCO

106.60

107.00

+0.38%

Bahri

28.90

29.00

+0.35%

NCB

60.10

60.30

+0.33%

Tasnee

19.36

19.42

+0.31%

 

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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