How did Tadawul shares fare during auction time today?

12/05/2019 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 12 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,664

7,675

+11

Value Traded

 (SAR mln)

2,695

2,739

+44

Volume Traded

(mln shares)

110.2

111.7

+1.5

Number of transactions

90,653

91,955

+1,302

 

The Index jumped 11 points during the auction period, with a value traded of SAR 44 million in 1,302 transactions, reducing its daily losses to 182 points. The volume traded represented 1.6 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

Shams

28.00

27.55

(1.61%)

Al Jouf Agriculture

22.28

22.00

(1.26%)

Al Ahlia

10.64

10.52

(1.13%)

MEFIC REIT

8.59

8.54

(0.58%)

Riyad Bank

25.55

25.45

(0.39%)

GASCO

29.40

29.30

(0.34%)

Printing & Packaging

13.94

13.90

(0.29%)

Umm Al Qura

14.20

14.16

(0.28%)

Northern Cement

8.72

8.70

(0.23%)

Knowledge City

9.40

9.38

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

FIPCO

30.85

31.70

+2.76%

SADAFCO

108.20

111.00

+2.59%

SIECO

64.00

65.00

+1.56%

Herfy

52.60

53.30

+1.33%

BSF

38.00

38.50

+1.32%

MetLife AIG ANB

21.72

21.98

+1.20%

Savola

31.80

32.00

+0.63%

Tawuniya

67.10

67.50

+0.60%

SRMG

87.50

88.00

+0.57%

Alawwal

17.50

17.60

+0.57%

 

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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