AI Summary
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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