How did Tadawul shares fare during auction time today?

25/04/2019 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 25 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,267

9,276

+9

Value Traded

 (SAR mln)

4,949

4,998

+49

Volume Traded

(mln shares)

175.3

176.8

+1.5

Number of transactions

107,897

109,467

+1,570

 

The Index rose 9 points during the auction period, with a value traded of SAR 49 million in 1,570 transactions, increasing its daily gains to 38 points. The volume traded represented 1 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

SIDC

8.94

8.85

(1.01%)

SADAFCO

114.00

113.00

(0.88%)

SABB

40.70

40.40

(0.74%)

Yanbu Cement

29.30

29.10

(0.68%)

Yamama Cement

16.28

16.18

(0.61%)

SIIG

26.35

26.20

(0.57%)

Northern Cement

8.99

8.95

(0.44%)

Saudi Ceramic

19.12

19.06

(0.31%)

Aldrees

32.65

32.55

(0.31%)

Al Khaleej Training

14.08

14.04

(0.28%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Petrochem

27.15

27.40

+0.92%

Alawwal

18.64

18.80

+0.86%

Bupa Arabia

88.20

88.90

+0.79%

Tabuk Cement

12.32

12.40

+0.65%

Savola

33.80

34.00

+0.59%

Tawuniya

69.60

70.00

+0.57%

Samba

38.55

38.75

+0.52%

Shaker

8.30

8.34

+0.48%

L’Azurde

17.40

17.48

+0.46%

eXtra

69.60

69.90

+0.43%

 

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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