How did Tadawul shares fare during auction time today?

09/01/2019 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. 9 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,145

8,147

+2

Value Traded

 (SAR mln)

3,058

3,093

+35

Volume Traded

(mln shares)

141.1

141.9

+0.8

Number of transactions

107,563

108,588

+1,025

 

The Index added 2 points during the auction period, with a value traded of SAR 35 million in 1,025 transactions, increasing daily gains to 90 points. The volume traded represented 1.1 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

Almarai

52.10

51.60

(0.96%)

Makkah Construction

78.00

77.70

(0.38%)

Mouwasat

80.10

79.80

(0.37%)

Shaker

8.53

8.50

(0.35%)

SABB

35.70

35.60

(0.28%)

Emaar

8.32

8.30

(0.24%)

Herfy

47.20

47.10

(0.21%)

Ash-Sharqiyah

51.00

50.90

(0.20%)

Care

51.20

51.10

(0.20%)

Union

25.95

25.90

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Southern Cement

37.20

37.70

+1.34%

Al Alamiya

33.40

33.75

+1.05%

Cable

38.10

38.40

+0.79%

Printing & Packaging

16.30

16.42

+0.74%

SACO

65.00

65.40

+0.62%

Al Ahsa Development

10.14

10.20

+0.59%

Alawwal

15.70

15.78

+0.51%

Dallah

60.50

60.80

+0.50%

Ma’adaniyah

17.16

17.24

+0.47%

Al Khaleej Training

13.44

13.50

+0.45%

 

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.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.