Tadawul attracts SAR 21 bln inflows during closing auction on Tuesday

28/05/2019 Argaam Special

 

The Tadawul All- Share Index (TASI) on Tuesday recorded active trading during the closing auction session, with total turnover of SAR 21.27 billion on trading 509.2 million shares.

 

A total of 18,300 transactions were completed upon entry of MSCI index foreign funds.

 

During the 10-minute auction period, investors can place buy and sell orders based on which the system calculates a fair price per stock.

 

Tadawul earlier announced that it will extend the closing auction and trade-at-last sessions to 20 minutes (instead of 10 minutes) on May 28 only, Argaam reported.

 

The one-day extension came ahead of the first stage of inclusion in MSCI Emerging Market Index starting May 29 based on closing prices on May 28.

 

The Index surged 171 points during the auction session. It reversed its daily losses, ending on a positive note with a gain of 169 points.

 

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):

 

May 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,380

8,551

+171

Value Traded

 (SAR mln)

7,484

28,758

+21,274

Volume Traded

(mln shares)

222.5

731.7

+ 509.2

Number of transactions

198,433

216,748

+18,315

 

These were individual stock movements on Tuesday as the market ended its trading session for the day:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Zain

10.04

10.74

6.97%

Yamama Cement

15.80

16.90

6.96%

Al Hammadi

21.90

23.42

6.94%

SRMG

80.70

86.30

6.94%

ARDCO

13.60

14.54

6.91%

Mobily

21.14

22.60

6.91%

Eastern Cement

25.70

27.45

6.81%

Qassim Cement

41.60

44.40

6.73%

BSF

40.00

42.25

5.62%

City Cement

11.38

12.00

5.45%

Ma’aden

45.50

47.90

5.27%

Al Othaim

75.90

79.70

5.01%

Tasnee

16.00

16.80

5.00%

SADAFCO

112.00

117.60

5.00%

Aseer

8.20

8.61

5.00%

Budget Saudi

32.10

33.70

4.98%

Aldrees

33.15

34.80

4.98%

NADEC

23.04

24.18

4.95%

SPIMACO

24.68

25.90

4.94%

GASCO

28.50

29.90

4.91%

Dallah

50.90

53.40

4.91%

Savola

31.60

33.15

4.91%

Northern Cement

8.36

8.77

4.90%

Southern Cement

46.90

49.20

4.90%

Yanbu Cement

28.55

29.95

4.90%

Arabian Cement

24.46

25.60

4.66%

Arabian Centers

21.62

22.50

4.07%

Kayan

11.72

12.18

3.92%

SEC

16.50

17.08

3.52%

Al Akaria

11.62

12.00

3.27%

Dar Al Arkan

10.18

10.50

3.14%

Jabal Omar

25.60

26.40

3.12%

Bupa Arabia

88.00

90.70

3.07%

Al Rajhi

66.90

68.90

2.99%

SABIC

107.20

110.40

2.99%

 

Decliners (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Saudi Cement

67.00

65.40

(2.39%)

ANB

24.82

24.24

(2.34%)

eXtra

67.50

66.00

(2.22%)

Alawwal

18.02

17.66

(2.00%)

Leejam

66.80

65.50

(1.59%)

Almarai

52.30

51.40

(1.72%)

Makkah Construction

69.00

68.20

(1.16%)

MEFIC REIT

8.44

8.37

(0.83%)

Petro Rabigh

19.62

19.50

(0.61%)

SGS

26.15

26.00

(0.57%)

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