How did Tadawul shares fare during auction time today?

13/02/2019 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 Feb. 13 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,621

8,617

(4)

Value Traded

 (SAR mln)

2,644

2,668

+24

Volume Traded

(mln shares)

103.6

104.6

+1.0

Number of transactions

95,633

96,590

+957

 

The Index dropped 4 points during the auction period, with a value traded of SAR 24 million in 957 transactions, reducing the daily gains to 17 points. The volume traded represented 0.9 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

Swicorp Wabel REIT

8.49

8.10

(4.59%)

Petrochem

27.35

27.05

(1.10%)

Aldrees

33.90

33.60

(0.88%)

NCB

54.60

54.20

(0.73%)

Alhokair

17.90

17.80

(0.56%)

Anaam Holding

12.80

12.74

(0.47%)

Albilad

29.50

29.40

(0.34%)

Tabuk Cement

12.54

12.50

(0.31%)

Amiantit

6.90

6.88

(0.29%)

Enaya

14.50

14.46

(0.28%)

Samba

   

(0.26%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AICC

17.22

17.42

+1.16%

UCA

12.18

12.30

+0.99%

Gulf Union

13.86

13.98

+0.87%

Yamama Cement

14.76

14.88

+0.81%

SAFCO

83.20

83.70

+0.60%

Shaker

8.59

8.64

+0.58%

Maaden

55.20

55.50

+0.54%

Maadaniyah

17.60

17.68

+0.45%

SABB

37.45

37.60

+0.40%

Alabdullatif

11.66

11.70

+0.34%

AXA

22.20

22.26

+0.27%

Aljazira Takaful

17.82

17.86

+0.22%

 

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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