How did Tadawul shares fare during auction time today?

26/05/2019 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 26 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,373

8,360

(13)

Value Traded

 (SAR mln)

2,875

2,972

+97

Volume Traded

(mln shares)

103.1

106.2

+3.1

Number of transactions

95,732

96,916

+1,184

 

The Index declined by 13 points during the auction period, with a value traded of SAR 97 million, widening its daily losses to 171 points. The volume traded represented 3.3 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

Savola

30.30

29.65

(2.15%)

SABB

39.00

38.20

(2.05%)

Mobily

20.60

20.34

(1.26%)

Jarir

168.00

166.00

(1.19%)

Albilad

24.48

24.30

(0.74%)

Amana

10.98

10.90

(0.73%)

Amiantit

5.74

5.70

(0.70%)

Enaya

10.76

10.70

(0.56%)

Taiba

27.70

27.55

(0.54%)

Kayan

11.50

11.44

(0.52%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Ahsa

10.06

10.26

+1.99%

Herfy

50.80

51.80

+1.97%

Al Ahli Takaful

23.60

23.94

+1.44%

Arabian Pipes

8.67

8.78

+1.27%

Southern Cement

45.55

46.00

+0.99%

Catering

81.70

82.40

+0.86%

Yamama Cement

15.38

15.50

+0.78%

BSF

38.50

38.80

+0.78%

SADAFCO

107.80

108.60

+0.74%

MetLife AIG ANB

21.36

21.50

+0.66%

 

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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