How did Tadawul shares fare during auction time today?

17/02/2019 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. 17 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,592

8,592

--

Value Traded

 (SAR mln)

1,867

1,883

+16

Volume Traded

(mln shares)

76.7

77.3

+0.6

Number of transactions

77,079

77,079

+701

 

The Index remained unchanged during the auction period, with a value traded of SAR 16 million in 701 transactions. 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

BATIC

37.00

36.85

(0.41%)

Alawwal

16.34

16.30

(0.24%)

Dur

19.24

19.20

(0.21%)

Sipchem

19.46

19.42

(0.21%)

Al Hammadi

25.20

25.15

(0.20%)

Al Rajhi

101.00

100.80

(0.20%)

Advanced

55.40

55.30

(0.18%)

Steel Pipe

24.60

24.56

(0.16%)

Dallah

66.60

66.50

(0.15%)

Aldrees

33.75

33.70

(0.15%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Eastern Cement

24.16

24.32

+0.66%

MetLife AIG ANB

21.60

21.74

+0.65%

Al Ma’athar REIT

7.92

7.97

+0.63%

SADAFCO

101.20

101.80

+0.59%

AICC

17.16

17.26

+0.58%

JAZADCO

13.92

14.00

+0.57%

Northern Cement

8.85

8.90

+0.56%

Mobily

17.78

17.88

+0.56%

TADCO

10.80

10.86

+0.56%

Care

45.30

45.55

+0.55%

SAPTCO

14.72

14.80

+0.54%

 

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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