How did Tadawul shares fare during auction time today?

20/05/2019 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 20 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,402

8,469

+67

Value Traded

 (SAR mln)

3,874

3,998

+124

Volume Traded

(mln shares)

122.1

125.4

+3.3

Number of transactions

98,738

101,074

+2,336

 

The Index rose by 67 points during the auction period, with a value traded of SAR 124 million, narrowing its daily losses to 56 points. The volume traded represented 3.1 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

Arabian Shield

15.18

14.96

(1.45%)

SADAFCO

107.60

106.80

(0.74%)

Yanbu Cement

27.10

26.90

(0.74%)

Malath

9.90

9.84

(0.61%)

Amiantit

5.75

5.72

(0.52%)

Tihama

35.95

35.80

(0.42%)

L’Azurde

15.72

15.66

(0.38%)

Knowledge City

8.87

8.84

(0.34%)

Petrochem

24.38

24.32

(0.25%)

GASCO

27.00

26.95

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SPIMACO

24.22

24.98

+3.14%

Savola

30.50

31.40

+2.95%

SIIG

25.50

26.25

+2.94%

Saudi Cement

66.00

67.90

+2.88%

Al Ahsa Development

10.12

10.38

+2.57%

Southern Cement

43.60

44.70

+2.52%

BSF

39.00

39.90

+2.31%

Albilad

24.44

24.98

+2.21%

Samba

34.85

35.50

+1.87%

Riyad

25.75

26.20

+1.75%

Care

49.20

50.00

+1.63%

Halwani

37.15

37.70

+1.48%

Dur

16.64

16.88

+1.44%

Ma’aden

50.00

50.70

+1.40%

Mobily

20.38

20.66

+1.37%

Saudi Chemical

30.50

30.90

+1.31%

Almarai

54.20

54.90

+1.29%

Al Akaria

11.50

11.64

+1.22%

Tawuniya

66.00

66.80

+1.21%

 

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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