How did Tadawul shares fare during auction time today?

07/01/2019 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. 7 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,051

8,048

(3)

Value Traded

 (SAR mln)

3,421

3,445

+24

Volume Traded

(mln shares)

129.0

130.1

+1.1

Number of transactions

115,898

116,943

+1,045

 

The Index shed 3 points during the auction period, with a value traded of SAR 24 million in 1,045 transactions, reducing daily gains to 115 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

Jarir

155.40

154.40

(0.64%)

Albilad

28.90

28.80

(0.35%)

Wataniya

24.40

24.32

(0.33%)

Bahri

33.90

33.80

(0.29%)

Al Rajhi Takaful

72.80

72.60

(0.27%)

BATIC

37.00

36.90

(0.27%)

Saudi Cable

37.65

37.55

(0.27%)

Bupa Arabia

82.10

81.90

(0.24%)

NCB

48.60

48.50

(0.21%)

Riyad

19.48

19.44

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AICC

16.36

16.54

+1.10%

Dallah

57.80

58.20

+0.69%

MedGulf

16.40

16.50

+0.61%

Saudi Enaya

21.70

21.80

+0.46%

Saudi Re

7.97

8.00

+0.38%

Salama

16.38

16.44

+0.37%

SAIB

17.74

17.80

+0.34%

Aljazira Takaful

17.74

17.80

+0.34%

Yansab

64.80

65.00

+0.31%

Alujain

19.78

19.84

+0.30%

 

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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