How did Tadawul shares fare during auction time today?

14/05/2019 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 14 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,339

8,374

+35

Value Traded

 (SAR mln)

6,295

6,417

+122

Volume Traded

(mln shares)

204.6

208.3

+3.7

Number of transactions

153,419

155,698

+2,279

 

The Index jumped 35 points during the auction period, with a value traded of SAR 122 million in 2,279 transactions, gaining 8 points. The volume traded represented 1.9 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

Aseer

8.30

8.09

(2.53%)

Alinma Tokio

12.24

12.04

(1.63%)

Alasmak

48.90

48.20

(1.43%)

Gulf General

10.96

10.82

(1.28%)

L’Azurde

15.70

15.50

(1.27%)

Mashaar REIT

7.18

7.10

(1.11%)

Alhokair

22.92

22.70

(0.96%)

SEC

15.86

15.72

(0.88%)

ARDCO

13.74

13.62

(0.87%)

Riyad REIT

7.57

7.51

(0.79%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

TADCO

8.37

8.72

+4.18%

Ash-Sharqiyah

39.00

40.40

+3.59%

Almarai

53.20

54.80

+3.01%

Nadec

23.80

24.50

+2.94%

Salama

11.80

12.10

+2.54%

Cable

32.00

32.75

+2.34%

BATIC

32.00

32.70

+2.19%

Riyad

24.10

24.60

+2.07%

Advanced

55.80

56.90

+1.97%

Knowledge City

8.64

8.80

+1.85%

SEERA

16.68

16.98

+1.80%

Al Etihad

20.76

21.08

+1.54%

Saudi Cement

65.20

66.20

+1.53%

Allianz SF

27.00

27.40

+1.48%

Halwani

37.45

38.00

+1.47%

SIIG

25.15

25.50

+1.39%

Aljazira Takaful

16.68

16.90

+1.32%

Mouwasat

79.00

80.00

+1.27%

Savola

31.60

32.00

+1.27%

SRMG

80.00

81.00

+1.25%

 

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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