How did Tadawul shares fare during auction time today?

30/04/2019 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 30 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,315

9,304

(11)

Value Traded

 (SAR mln)

4,528

6,994

+2,466

Volume Traded

(mln shares)

161.5

216.9

+55.4

Number of transactions

135,956

140,319

+4,363

 

The Index declined by nearly 11 points during the auction period, with a value traded of SAR 2.5 billion in 4363 transactions, decreasing its daily gains to 28 points. The volume traded represented 35 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

Emaar

9.43

9.20

(2.44%)

Arabian Cement

27.55

26.95

(2.18%)

SPIMACO

27.80

27.20

(2.16%)

Dallah

48.30

47.45

(1.76%)

Yanbu Cement

30.35

29.85

(1.65%)

Yamama Cement

17.68

17.40

(1.58%)

Aldrees

34.90

34.35

(1.58%)

Tasnee

18.06

17.78

(1.55%)

City Cement

12.12

11.96

(1.32%)

Petro Rabigh

19.48

19.24

(1.23%)

Saudi German

32.25

31.90

(1.09%)

NCB

62.20

61.60

(0.96%)

Astra

15.72

15.58

(0.89%)

Al Jouf Cement

8.20

8.13

(0.85%)

Bupa Arabia

93.80

93.00

(0.85%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Red Sea

15.02

15.40

+2.53%

Alhokair

26.35

26.90

+2.09%

AXA

25.85

26.25

+1.55%

Amiantit

6.05

6.14

+1.49%

Al Othaim

78.00

79.00

+1.28%

MedGulf

15.12

15.30

+1.19%

SAPTCO

14.00

14.16

+1.14%

Saudi Ceramic

19.40

19.60

+1.03%

Farm Superstores

17.82

18.00

+1.01%

Aseer

9.09

9.18

+0.90%

MEPCO

18.58

18.74

+0.86%

BATIC

34.65

34.90

+0.72%

ANB

28.15

28.35

+0.71%

Riyad REIT

7.70

7.75

+0.65%

BSF

39.60

39.85

+0.63%

Alhokair Group

16.52

16.62

+0.61%

Shaker

8.45

8.50

+0.59%

Bawan

14.40

14.48

+0.56%

 

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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