How did Tadawul shares fare during auction time today?

29/01/2019 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. 27 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,571

8,581

+10

Value Traded

 (SAR mln)

3,674

3,716

+42

Volume Traded

(mln shares)

150.9

152.1

+1.2

Number of transactions

134,777

136,032

+1,255

 

The Index added 10 points during the auction period, with a value traded of SAR 42 million in 1,255 transactions, reducing daily losses to 42 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

Alhokair Group

18.24

18.14

(0.55%)

Herfy

48.25

48.00

(0.52%)

SAIB

20.80

20.72

(0.38%)

Almarai

55.70

55.50

(0.36%)

SAICO

11.36

11.32

(0.35%)

Buruj

22.50

22.44

(0.27%)

Dar Al-Arkan

9.82

9.80

(0.20%)

Thimar

26.30

26.25

(0.19%)

Al-Baha

21.58

21.54

(0.19%)

Advanced

55.10

55.00

(0.18%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Gulf Union

14.02

14.18

+1.14%

Amiantit

6.94

7.00

+0.86%

Al Rajhi REIT

8.43

8.50

+0.83%

Shaker

8.81

8.88

+0.79%

SEC

16.58

16.70

+0.72%

GASCO

29.25

29.45

+0.68%

Bupa

85.00

85.50

+0.59%

Taleem REIT

10.22

10.28

+0.59%

Emaar

8.71

8.76

+0.57%

UCA

11.48

11.54

+0.52%

 

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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