How did Tadawul shares fare during auction time today?

24/04/2019 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 24 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,206

9,238

+32

Value Traded

 (SAR mln)

3,501

3,567

+66

Volume Traded

(mln shares)

117.5

119.6

+2.1

Number of transactions

104,546

106,098

+1,552

 

The Index rose 32 points during the auction period, with a value traded of SAR 66 million in 1552 transactions, increasing its daily gains to 10 points. The volume traded represented 1.8 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

Chubb

27.45

27.20

(0.91%)

Al Khaleej Training

14.40

14.30

(0.69%)

Care

49.80

49.50

(0.60%)

MedGulf

14.88

14.80

(0.54%)

MetLife AIG ANB

21.70

21.60

(0.46%)

Al Etihad

24.30

24.20

(0.41%)

Arabian Cement

25.70

25.60

(0.39%)

Knowledge City

10.40

10.36

(0.38%)

Dur

19.30

19.24

(0.31%)

ACIG

20.04

20.00

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Eastern Cement

24.88

25.20

+1.29%

AXA

25.50

25.80

+1.18%

Riyad

27.40

27.70

+1.09%

Saudi Chemical

33.40

33.75

+1.05%

SACO

78.20

78.90

+0.90%

Taawuniya

67.70

68.30

+0.89%

Saudi Fransi

39.75

40.10

+0.88%

UCA

11.04

11.12

+0.72%

Halwani

42.70

43.00

+0.70%

Jarir

175.00

176.20

+0.69%

Northern Cement

8.83

8.89

+0.68%

Almarai

59.30

59.70

+0.67%

NCB

60.10

60.50

+0.67%

Emaar

9.43

9.49

+0.64%

SARCO

42.15

42.40

+0.59%

Alawwal

18.34

18.44

+0.55%

Alinma

27.60

27.75

+0.54%

STC

114.00

114.60

+0.53%

Al Rajhi

76.10

76.50

+0.53%

SABB

39.70

39.90

+0.50%

 

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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