How did Tadawul shares fare during auction time today?

17/01/2019 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. 17 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,434

8,448

+14

Value Traded

 (SAR mln)

2,614

2,665

+51

Volume Traded

(mln shares)

105.8

107.2

+1.4

Number of transactions

107,697

108,811

+1,114

 

The Index added 14 points during the auction period, with a value traded of SAR 51 million in 1,114 transactions, increasing daily gains to 42 points. The volume traded represented 1.9 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

Herfy

47.50

47.00

(1.05%)

SRMG

86.80

86.00

(0.92%)

Qassim Cement

33.55

33.45

(0.30%)

JAZADCO

14.06

14.02

(0.28%)

AICC

15.74

15.70

(0.25%)

Sipchem

19.44

19.40

(0.21%)

eXtra

60.90

60.80

(0.16%)

Tawuniya

62.80

62.70

(0.16%)

Dallah

64.10

64.00

(0.16%)

Anaam

13.14

13.12

(0.15%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

NADEC

28.25

28.90

+2.30%

Al Maathar REIT

7.81

7.92

+1.41%

Samba

36.35

36.80

+1.24%

Shaker

8.45

8.52

+0.83%

SABB

37.05

37.35

+0.81%

Petrochem

26.00

26.20

+0.77%

Arabian Shield

18.52

18.64

+0.65%

Bahri

33.20

33.40

+0.60%

Alawwal

16.60

16.70

+0.60%

Bupa Arabia

83.50

84.00

+0.60%

 

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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