How did Tadawul shares fare during auction time today?

29/05/2019 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 29 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,390

8,413

+23

Value Traded

 (SAR mln)

3,091

3,213

+122

Volume Traded

(mln shares)

111.0

114.8

+3.8

Number of transactions

96,791

98,861

+2,070

 

The Index jumped 23 points during the auction period, with a value traded of SAR 122 million in 2,070 transactions, reducing its daily losses to 137 points.

 

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

Eastern Cement

28.45

28.00

(1.58%)

Zain Saudi

10.66

10.50

(1.50%)

Yanbu Cement

29.15

28.75

(1.37%)

Makkah Construction

70.40

69.50

(1.28%)

Centers

23.38

23.16

(0.94%)

Mouwasat

85.80

85.00

(0.93%)

Malath

10.00

9.91

(0.90%)

Chubb

22.18

22.00

(0.81%)

SACO

63.50

63.00

(0.79%)

Emaar EC

9.07

9.00

(0.77%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Asir

8.37

8.58

+2.51%

Red Sea

13.62

13.88

+1.91%

Samba

33.60

34.10

+1.49%

Alawwal

17.76

18.00

+1.35%

Dur

16.50

16.72

+1.33%

Riyad

25.40

25.70

+1.18%

SISCO

13.14

13.28

+1.07%

Leejam

67.00

67.70

+1.04%

Almarai

50.60

51.00

+0.79 %

Dar Al-Arkan

10.14

10.22

+0.79%

NCB

53.10

53.50

+0.75%

Yansab

62.10

62.50

+0.64%

 

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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