How did Tadawul shares fare during auction time today?

10/04/2019 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 10 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

9,073

9,077

+4

Value Traded

 (SAR mln)

3,005

3,059

+54

Volume Traded

(mln shares)

114.7

116.3

+1.6

Number of transactions

115,850

117,171

+1,321

 

The Index added 4 points during the auction period, with a value traded of SAR 54 million in 1,321 transactions, increasing its daily gains to 30 points. The volume traded represented 1.8 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

Steel Pipes

24.22

24.10

(0.50%)

L’Azurde

16.80

16.72

(0.48%)

Arabian Cement

24.40

24.30

(0.41%)

Walaa

26.85

26.75

(0.37%)

Dar Al Arkan

11.02

10.98

(0.36%)

Jarir

169.60

169.20

(0.24%)

SPM

10.82

10.80

(0.18%)

Mobily

22.10

22.06

(0.18%)

NADEC

27.75

27.70

(0.18%)

eXtra

64.70

64.60

(0.15%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SIIG

26.15

26.40

+0.96%

AXA

26.00

26.20

+0.77%

Salama

15.54

15.62

+0.51%

Musharaka REIT

8.05

8.09

+0.50%

Arabian Shield

19.20

19.28

+0.42%

Samba

38.95

39.10

+0.39%

SADAFCO

107.20

107.60

+0.37%

Advanced

55.40

55.60

+0.36%

MESC

11.12

11.16

+0.36%

UCA

11.18

11.22

+0.36%

 

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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