How did Tadawul shares fare during auction time today?

30/01/2019 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. 30 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,585

8,584

(1)

Value Traded

 (SAR mln)

3,227

3,253

+26

Volume Traded

(mln shares)

150.9

152.2

+1.3

Number of transactions

118,862

119,933

+1,071

 

The Index edged down by 1 point during the auction period, with a value traded of SAR 26 million in 1071 transactions, decreasing daily gains to 2 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

Red Sea

16.00

15.82

(1.13%)

Savola

33.20

33.00

(0.60%)

SAPTCO

14.76

14.70

(0.41%)

STC

101.00

100.60

(0.40%)

SEDCO Capital REIT

7.63

7.60

(0.39%)

Alawwal

16.50

16.44

(0.36%)

Care

47.15

47.00

(0.32%)

SAIB

20.52

20.46

(0.29%)

Samaba

36.60

36.50

(0.27%)

Buruj

22.48

22.42

(0.27%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

ACIG

21.58

21.96

+1.76%

Dallah

66.50

67.00

+0.75%

Nama

28.30

28.50

+0.71%

Allianz SF

30.40

30.55

+0.49%

Mobily

18.08

18.16

+0.44%

Alhokair Group

18.20

18.28

+0.44%

Knowledge City

9.76

9.80

+0.41%

Alandalus

14.78

14.84

+0.41%

Cable

49.80

50.00

+0.40%

Al Hammadi

25.70

25.80

+0.39%

 

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.