How did Tadawul shares fare during auction time today?

23/05/2019 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 23 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,502

8,531

+29

Value Traded

 (SAR mln)

5,301

5,424

+123

Volume Traded

(mln shares)

149.4

153.1

+3.7

Number of transactions

96,446

102,478

+6,032

 

The Index jumped 29 points during the auction period, with a value traded of SAR 123 million, reducing its daily losses to 125 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

SIIG

25.00

24.56

(1.76%)

SAIB

18.18

18.00

(0.99%)

Amana

11.10

11.02

(0.72%)

Allianz SF

22.78

22.64

(0.61%)

Aseer

8.19

8.15

(0.49%)

Tawuniya

67.10

66.80

(0.45%)

Walaa

18.10

18.02

(0.44%)

Albilad

25.10

25.00

(0.40%)

BSF

39.10

38.95

(0.38%)

Zamil

15.90

15.84

(0.38%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SEERA

16.24

16.90

+4.06%

Southern Cement

46.10

47.00

+1.95%

Riyad

26.45

26.90

+1.70%

SABB

38.95

39.60

+1.67%

Saudi Cement

66.20

67.30

+1.66%

Savola

31.10

31.60

+1.61%

MESC

8.76

8.89

+1.48%

BCI

20.40

20.70

+1.47%

Al Othaim

75.00

75.90

+1.20%

Bupa Arabia

85.00

86.00

+1.18%

 

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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