How did Tadawul shares fare during auction time today?

21/01/2019 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. 21 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,396

8,402

+6

Value Traded

 (SAR mln)

3,714

3,738

+24

Volume Traded

(mln shares)

172.7

173.7

+1

Number of transactions

112,072

112,992

+920

 

The Index added 6 points during the auction period, with a value traded of SAR 24 million in 920 transactions, increasing daily gains to 19 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

SAIB

18.88

18.66

(1.17%)

Cable

44.90

44.70

(0.45%)

Southern Cement

39.40

39.25

(0.38%)

Union

26.50

26.40

(0.38%)

Arabian Cement

22.22

22.16

(0.27%)

Mulkia REIT

8.09

8.07

(0.25%)

SIECO

83.60

83.40

(0.24%)

Ash-Sharqiyah

50.70

50.60

(0.20%)

Alujain

21.34

21.30

(0.19%)

Advanced

54.70

54.60

(0.18%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

UCA

11.34

11.60

+2.29%

Zain

9.37

9.48

+1.17%

BSF

37.55

37.90

+0.93%

BATIC

37.10

37.40

+0.81%

ACIG

20.28

20.44

+0.79%

SAICO

11.32

11.40

+0.71%

Malath

11.62

11.70

+0.69%

National Learning

21.98

22.12

+0.64%

Printing & Packaging

16.70

16.80

+0.60%

Walaa

24.62

24.76

+0.57%

 

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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