How did Tadawul shares fare during auction time today?

03/01/2019 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 Jan. 3 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,827

7,830

+3

Value Traded

 (SAR mln)

1,859

1,872

+13

Volume Traded

(mln shares)

71.5

72.2

+0.7

Number of transactions

75,501

76,389

+888

 

The Index added 3 points during the auction period, with a value traded of SAR 13 million in 888 transactions, increasing daily gains to 40 points. The volume traded represented 0.7 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

Leejam

61.60

61.30

(0.49%)

Amana

23.68

23.58

(0.42%)

Aljazira REIT

14.26

14.20

(0.42%)

SISCO

10.76

10.72

(0.37%)

Thimar

27.30

27.20

(0.37%)

Zamil

17.66

17.62

(0.23%)

Ash-Sharqiyah

51.60

51.50

(0.19%)

QACO

10.60

10.58

(0.19%)

GASCO

28.20

28.15

(0.18%)

SGS

30.80

30.75

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Advanced

13.10

13.20

+0.76%

Arabian Shield

18.36

18.50

+0.76%

Tabuk Cement

11.20

11.28

+0.71%

Budget Saudi

26.95

27.10

+0.56%

NCB

47.45

47.70

+0.53%

Saudi Re

7.93

7.97

+0.50%

Saudi Kayan

13.28

13.34

+0.45%

Nama

27.00

27.10

+0.37%

SRMG

83.00

83.30

+0.36%

Halwani

44.80

44.95

+0.33%

 

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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