How did Tadawul shares fare during auction time today?

28/04/2019 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 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,265

9,266

+1

Value Traded

 (SAR mln)

2,467

2,497

+30

Number of transactions

90.2

91.4

+1.2


The Index edged up 1 point during the auction period, with a value traded of SAR 30 million in a number of transactions, reducing its daily losses to 10 points. The volume traded represented 1.2 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

Al Khodari

5.79

5.75

(0.69%)

Eastern Cement

25.85

25.75

(0.39%)

Alawwal

18.56

18.50

(0.32%)

Kingdom Holding

7.79

7.77

(0.26%)

Walaa

26.65

26.60

(0.19%)

Alhokair

26.70

26.65

(0.19%)

ARDCO

21.86

21.82

(0.18%)

Yanbu Cement

28.80

28.75

(0.17%)

SGS

29.35

29.30

(0.17%)

Mobily

23.58

23.54

(0.17%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

QACO

11.30

11.50

+1.77%

AXA

26.35

26.75

+1.52%

Umm Al Qura Cement

12.62

12.74

+0.95%

Ceramic

19.18

19.34

+0.83%

City Cement

12.10

12.20

+0.83%

Al Jouf Agriculture

23.44

23.60

+0.68%

SRMG

70.00

70.40

+0.57%

Al Moammar (MIS)

47.00

47.25

+0.53%

Bahri

28.60

28.75

+0.52%

Catering

82.60

83.00

+0.48%

 

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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