How did Tadawul shares fare during auction time today?

20/01/2019 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. 20 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,388

8,384

(4)

Value Traded

 (SAR mln)

2,450

2,469

+19

Volume Traded

(mln shares)

104.2

104.9

+0.7

Number of transactions

89,984

90,579

+595

 

The Index dropped 4 points during the auction period, with a value traded of SAR 19 million in 595 transactions, widening daily losses to 65 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

Samba

35.80

35.60

(0.56%)

SABB

37.40

37.20

(0.53%)

Jarir

152.80

152.00

(0.52%)

 Al Khodari

7.13

7.10

(0.42%)

STC

99.00

98.70

(0.30%)

Riyad

20.74

20.68

(0.29%)

Southern Cement

39.20

39.10

(0.26%)

Catering

86.30

86.10

(0.23%)

Almarai

52.70

52.60

(0.19%)

SGS

30.75

30.70

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

JADAZCO

14.10

14.28

+1.28%

MetLife AIG ANB

22.34

22.60

+1.16%

UCA

11.32

11.44

+1.06%

Alawwal

16.42

16.58

+0.97%

Nama

28.10

28.35

+0.89%

Wafrah

15.84

15.96

+0.76%

Alinma Tokio

16.18

16.26

+0.49%

Al Khaleej Training

13.38

13.44

+0.45%

Yanbu Cement

26.30

26.40

+0.38%

Mobily

17.56

17.60

+0.23%

 

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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