How did Tadawul shares fare during auction time today?

15/01/2019 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. 15 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,346

8,347

+1

Value Traded

 (SAR mln)

3,164

3,189

+25

Volume Traded

(mln shares)

117.0

117.9

+0.9

Number of transactions

108,270

109,197

+927

 

The Index added 1 point during the auction period, with a value traded of SAR 25 million in 927 transactions, increasing daily gains to 77 points. The volume traded represented 0.8 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

Dur

18.64

18.46

(0.97%)

SABB

36.40

36.05

(0.96%)

Solidarity

15.84

15.70

(0.88%)

Herfy

47.65

47.30

(0.73%)

SAIC

13.72

13.62

(0.73%)

Budget Saudi

27.90

27.70

(0.72%)

Steel Pipe

18.06

17.98

(0.44%)

Alasmak

65.30

65.10

(0.31%)

Al Tayyar

21.26

21.20

(0.28%)

Bupa Arabia

85.20

85.00

(0.23%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Saudi Re

7.91

7.97

+0.76%

Union

26.80

27.00

+0.75%

Walaa

24.70

24.88

+0.73%

Jarir

155.20

156.20

+0.64%

Hail Cement

7.89

7.94

+0.63%

BATIC

38.40

38.60

+0.52%

UCA

11.54

11.60

+0.52%

Mobily

16.82

16.90

+0.48%

Yansab

65.50

65.80

+0.46%

Amana

22.22

22.32

+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.