How did Tadawul shares fare during auction time today?
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 1 Auction |
|||
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
TASI (Points) |
9,352 |
9,362 |
+10 |
Value Traded (SAR mln) |
3,052 |
3,119 |
+6.7 |
Volume Traded (mln shares) |
141.1 |
143.2 |
+2.1 |
Number of transactions |
114,299 |
115,768 |
+1,469 |
The Index rose 10 points during the auction period, with a value traded of SAR 67 million in 1,469 transactions, widening its daily gains to 58 points. The volume traded represented 2.1 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 |
Qassim Cement |
43.80 |
43.45 |
(0.80%) |
Knowledge City |
10.18 |
10.14 |
(0.39%) |
Albilad |
25.95 |
25.85 |
(0.39%) |
Aslak |
16.20 |
16.16 |
(0.25%) |
Farm Superstores |
17.50 |
17.46 |
(0.23%) |
City Cement |
26.95 |
26.90 |
(0.19%) |
ARDCO |
21.80 |
21.76 |
(0.18%) |
SACO |
11.50 |
11.48 |
(0.17%) |
Gulf General |
12.18 |
12.16 |
(0.16%) |
GASCO |
31.00 |
30.95 |
(0.16%) |
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 |
24.10 |
24.40 |
+1.24% |
Chubb Arabia |
26.40 |
26.60 |
+0.76% |
Aldrees |
34.85 |
35.10 |
+0.72% |
Al Jouf Cement |
8.63 |
8.69 |
+0.70% |
Dur |
19.52 |
19.64 |
+0.61% |
Bupa Arabia |
93.90 |
94.40 |
+0.53% |
Alujain |
23.18 |
23.30 |
+0.52% |
City Cement |
12.34 |
12.40 |
+0.49% |
JAZADCO |
14.00 |
14.06 |
+0.43% |
Gulf Union |
14.54 |
14.60 |
+0.41% |
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.
Comments 0
Market Indices
Quotes
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: