How did Tadawul shares fare during auction time today?

13/05/2019 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 13 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,385

8,367

(18)

Value Traded

 (SAR mln)

5,274

5,341

+67

Volume Traded

(mln shares)

182.2

184.5

+2.3

Number of transactions

120,291

122,240

+1,949

 

The Index shed 18 points during the auction period, with a value traded of SAR 67 million in 1,949 transactions, widening its daily losses to 308 points. The volume traded represented 2.3 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

BATIC

32.35

31.10

(3.86%)

AXA

23.70

23.16

(2.28%)

Allianz SF

28.00

27.50

(1.79%)

SABB

37.00

36.40

(1.62%)

SIECO

63.00

62.00

(1.59%)

Eastern Cement

25.80

25.40

(1.55%)

Chubb Arabia

22.30

21.96

(1.52%)

SADAFCO

110.60

109.00

(1.45%)

Zamil

16.00

15.80

(1.25%)

eXtra

65.00

64.20

(1.23%)

SACO

68.10

67.30

(1.17%)

SASCO

14.40

14.24

(1.11%)

SABIC

110.20

109.00

(1.09%)

Riyad

24.86

24.60

(1.05%)

Al Yamamah Steel

15.66

15.50

(1.02%)

MEPCO

15.26

15.12

(0.92%)

NCB

55.00

54.50

(0.91%)

Nama

22.88

22.70

(0.79%)

Yansab

64.20

63.70

(0.78%)

Budget Saudi

32.25

32.00

(0.78%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

MetLife AIG ANB

19.92

20.18

+1.31%

Savola

31.60

32.00

+1.27%

TADCO

8.65

8.75

+1.16%

Saudi Cement

65.40

66.10

+1.07%

Amana

10.70

10.80

+0.93%

BSF

37.20

37.50

+0.81%

Al Ahli REIT (1)

7.60

7.66

+0.79%

Al Etihad

21.20

21.36

+0.75%

Almarai

54.60

55.00

+0.73%

MedGulf

14.66

14.76

+0.68%

 

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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