Wednesday, 29 May 2024

Market Analysis: Post session's auction

54 Advancers vs 83 Decliners, 6.1mln shares traded worth SR189mln

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The Saudi stock exchange main index TASI slipped 9.7 points, during the auction period on Sunday, Nov 28, 2021, and finished at 10,787.81 points, compared to 10,797.54 points before the auction, and 6.1 million shares were sold, at a closing price of SR188.5 million through 8724 deals.

The shares of 54 companies witnessed an increase, led by GESCO 2.2%, Al-Ahly Takaful 2.1%, Al-Maather REIT 1.8%, Maharah 1.5%, Tawuniya and Solutions, and Al-Hokair Group 1%, while the shares of as  many as 83 companies declined during the auction period, led by Seiko 2.3%, and Gulf Union Al-Lujain 1.6%, Fitaihi Group 1.5%, and Kayan 1.4%.

The closing auction is used to determine the market’s closing price, which is determined using the auction mechanism, factoring in the supply and demand during the closing auction period, to reach a fair price.

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Subsequently, the equilibrium price is determined, thus,  during the closing auction, lasting 10minutes.

This closing auction begins at 3:00 p.m. and finishes at 3:10 p.m., following the end of continuous trading (market regular period).

On a daily basis, the closing price is derived when orders are processed at 3:10 pm + a maximum of 30 seconds.

Regular deals are used to compute the closing price, which is the deal price for shares worth more than SR15,000.

If there isn’t a regular transaction, the closing price shall be determined, using the price of the most recent deal, in continuous trading, taking into account the prior day’s closing price.

Market orders are presented as the best bidders in the order book, during the closing auction, and no price shall be displayed during the auction.

The closing price trading session, which runs from 3:10 PM to 3:20 PM, is an extra session following the closing auction, in which only the closing price determined by the closing auction, can be exchanged.

Change in the stock exchange, during the auction
Statement Before the auction Close Change
Market Index 10797.54 10787.81 -9.7
Trading value (Million Riyals) 7289.53 7478.1 188.5
Traded Amount (Million Shares) 217.06 223.13 6.1
The number of executed transactions 398395 407119 8724
Advancing shares,

 during the auction

Company Share price before auction (SR) Shutdown (SR) Change (%)
NGC 35.2 36 2.27
ATC 35 35.75 2.14
AL Maather REIT 8.7 8.86 1.84
Maharah 73.9 75 1.49
Tawuniya 75.9 76.7 1.05
SOLUTIONS 188 189.8 0.96
ALHOKAIR GROUP 16.84 17 0.95
SAIB 17.02 17.18 0.94
Extra 129.8 131 0.92
Maadaniyah 24.44 24.66 0.90
ALKHALEEJ 18.34 18.5 0.87
Arab Sea 157.2 158.4 0.76
Bupa Arabia 131 132 0.76
RIBL 26.5 26.7 0.75
YANSAB 65 65.4 0.62
FITNESS TIME 101.4 102 0.59
ALDREES 68 68.4 0.59
TAPRCO 34.8 35 0.57
MASHAAR 8.78 8.83 0.57
FARM SUERSTORES 27.05 27.2 0.55
DWF 184 185 0.54
Nama Chemicals 31.3 31.45 0.48
SAUDI CABLE 18.66 18.74 0.43
SABIC AGRI-NUTRIENTS 161.2 161.8 0.37
Alinma Tokio M 27.6 27.7 0.36
STC 111.2 111.6 0.36
MEPCO 42.85 43 0.35
SASCO 28.9 29 0.35
Walaa 18.76 18.82 0.32
UCA 33.4 33.5 0.30
BATIC 38.6 38.7 0.26
Amiantit 15.86 15.9 0.25
MESC 16.22 16.26 0.25
ALKHABEER REIT 8.55 8.57 0.23
ALANDALUS 17.28 17.32 0.23
Amlak 20.84 20.88 0.19
Saudi Ceramics 52.5 52.6 0.19
ALBAHA 29.05 29.1 0.17
ZAIN KSA 12.02 12.04 0.17
ALBABTAIN 30.25 30.3 0.17
Etihas Etisalat 30.95 31 0.16
AXA COOPERATIVE 31.9 31.95 0.16
SPCC 68.5 68.6 0.15
MAADEN 71.1 71.2 0.14
YCC 36.35 36.4 0.14
MIC 146.8 147 0.14
Jadwa REIT Saudi 15.24 15.26 0.13
Catering 80.2 80.3 0.12
Salama 16.74 16.76 0.12
AWPT 90.2 90.3 0.11
MUSHARAKA 9.62 9.63 0.10
SAUDI ELECTICITY 23.8 23.82 0.08
UACC 23.92 23.94 0.08
SSP 24.48 24.5 0.08
Declining shares,

 during the auction

Company Share price before auction (SR) Shutdown (SR) Change (%)
AICO 20.78 20.3 -2.31
Gulf Union Alahlia 17.28 17 -1.62
ALUJAIN 56.9 56 -1.58
Fataihi Group 36.85 36.3 -1.49
Saudi Kayan 15.98 15.76 -1.38
Wafrah 98.9 98 -0.91
Arabian Shield 23 22.8 -0.87
JADWA REIT ALHARAMAIN 8.09 8.02 -0.87
Almaeai 47.4 47 -0.84
ALMRAKEZ 20.06 19.9 -0.80
Allianz SF 25.2 25 -0.79
SIDC 15.7 15.6 -0.64
Baazeem 96.7 96.1 -0.62
AYYAN 18.6 18.5 -0.54
TANMIAH 76.6 76.2 -0.52
SRMG 159.8 159 -0.50
ALRAJHI 134.4 133.8 -0.45
BAWAN 35.5 35.35 -0.42
BCI 36.5 36.35 -0.41
JAZADCO 20.04 19.96 -0.40
ALABDULLATIF 26.85 26.75 -0.37
Jouf Cement 10.84 10.8 -0.37
SABIC 112.4 112 -0.36
Naseej 28.85 28.75 -0.35
ALALAMIYA 23.2 23.12 -0.34
SPM 44.2 44.05 -0.34
Taiba 32 31.9 -0.31
Gulf General 12.84 12.8 -0.31
MULKIA REIT 9.67 9.64 -0.31
Herfy Foods 64.8 64.6 -0.31
DERAYAH REIT 13.1 13.06 -0.31
SWICORP WABEL 7.02 7 -0.28
ANAAM HOLDING 74.2 74 -0.27
SPIMACO 37.1 37 -0.27
APC 14.94 14.9 -0.27
HB 74.8 74.6 -0.27
Petrochem 38.4 38.3 -0.26
OASIS 77.1 76.9 -0.26
Sadr 402 401 -0.25
ALRAJHI TAKAFUL 83 82.8 -0.24
ASEER 17.62 17.58 -0.23
RAYDAN 18.04 18 -0.22
BINDAWOOD 96.7 96.5 -0.21
SAPTCO 20.06 20.02 -0.20
YSCC 25.55 25.5 -0.20
ARDCO 25.55 25.5 -0.20
ALJOUF 53.1 53 -0.19
ZAMIL INDUST 26.85 26.8 -0.19
Emaar 10.76 10.74 -0.19
NGDC 54.4 54.3 -0.18
GACO 21.84 21.8 -0.18
Al Rajhi REIT 11.18 11.16 -0.18
ASLAK 28.25 28.2 -0.18
Theeb 56.5 56.4 -0.18
Saudi Cement 57.9 57.8 -0.17
SARCO 120.6 120.4 -0.17
NCLE 60.8 60.7 -0.16
TALEEM REIT 12.32 12.3 -0.16
SAUDI GERMAN HEALTH 31.65 31.6 -0.16
Savola Group 32.15 32.1 -0.16
BAHRI 32.65 32.6 -0.15
Nayifat 32.9 32.85 -0.15
ACIG 33.5 33.45 -0.15
ACWA Power 71.1 71 -0.14
ASTRA INDUSTRIAL 36.4 36.35 -0.14
ACC 37.55 37.5 -0.13
SULAIMAN ALHABIB 156.2 156 -0.13
ALHAMMADI 39.15 39.1 -0.13
QACCO 79.1 79 -0.13
Sipchem 39.6 39.55 -0.13
ALYAMAMAH STEEL 39.95 39.9 -0.13
ALARABIA 86.4 86.3 -0.12
DAR ALARKAN 8.7 8.69 -0.11
SAIC 44.05 44 -0.11
Al-Omran 89.3 89.2 -0.11
BJAZ 18.14 18.12 -0.11
Budget Saudi 47.3 47.25 -0.11
SRECO 19.82 19.8 -0.10
FIPCO 49.9 49.85 -0.10
SHAKER 20.06 20.04 -0.10
Atheeb Telecom 22.9 22.88 -0.09
City Cement 23.02 23 -0.09
Malath 23.02 23 -0.09

Source: Tadawul, Maaal follow up unit

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