How did Tadawul shares fare during auction time today?

05/05/2019 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 May 5 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,172

9,179

+7

Value Traded

 (SAR mln)

3,182

3,202

+20

Volume Traded

(mln shares)

124.0

124.8

+0.8

Number of transactions

107,057

107,908

+851

 

The Index jumped 7 points during the auction period, with a value traded of SAR 20 million in 851 transactions, reducing its daily losses to 158 points. The volume traded represented 0.6 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

AlBabtain

22.50

22.00

(2.22%)

Al Ahsa

11.00

10.90

(0.91%)

Al Waha

42.50

42.15

(0.82%)

MetLife AIG ANB

25.45

25.25

(0.79%)

Tawuniya

67.20

66.70

(0.74%)

Chubb Arabia

25.35

25.20

(0.59%)

Arabian Shield

18.70

18.60

(0.53%)

SACO

71.30

71.00

(0.42%)

Albilad

25.70

25.60

(0.39%)

Yamama Cement

17.28

17.22

(0.35%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AICC

17.86

18.20

+1.90%

Saudi Ceramic

19.74

20.00

+1.32%

SADAFCO

112.80

114.00

1.06%

BSF

39.50

39.90

1.01%

Emaar

8.84

8.90

+0.68%

Yanbu Cement

29.80

30.00

+0.67%

SABIC

121.60

122.40

+0.66%

MedGulf

15.38

15.48

+0.65%

Knowledge City

10.28

10.34

+0.58%

Dar Al Arkan

10.70

10.76

+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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