How did Tadawul shares fare during auction time today?

01/04/2019 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 April 1 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,893

8,897

+4

Value Traded

 (SAR mln)

3,050

3,072

+22

Volume Traded

(mln shares)

109.2

109.9

+0.7

Number of transactions

100,031

101,026

+995

 

The Index added 4 points during the auction period, with a value traded of SAR 22 million in 995 transactions, increasing its daily gains to 77 points. The volume traded represented 0.7 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

Buruj

22.46

22.28

(0.80%)

Cable

42.80

42.65

(0.25%)

Makkah Construction

74.40

74.20

(0.27%)

SIECO

77.60

77.40

(0.26%)

Al Waha

40.90

40.80

(0.24%)

Al Etihad

24.78

24.72

(0.22%)

Electrical Industries

18.00

17.96

(0.22%)

ACIG

22.04

22.00

(0.18%)

eXtra

59.70

59.60

(0.17%)

Al Othaim

72.20

72.10

(0.14%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Alamiya

31.95

32.25

+0.94%

JAZADCO

13.70

13.82

+0.88%

Shams

31.30

31.50

+0.64%

Al Khabeer REIT

10.44

10.50

+0.57%

Ma’aden

54.80

55.10

+0.55%

Walaa

23.40

23.52

+0.51%

National Gypsum

12.92

12.98

+0.46%

FIPCO

33.25

33.40

+0.45%

Al Jouf Agricultural

22.92

23.02

+0.44%

Catering

80.70

81.00

+0.37%

 

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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