How did Tadawul shares fare during auction time today?

25/02/2019 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. 24 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,432

8,433

+1

Value Traded

 (SAR mln)

2,184

2,199

+15

Volume Traded

(mln shares)

111.3

112.0

+0.7

Number of transactions

87,808

88,647

+839

 

The Index added 1 point during the auction period, with a value traded of SAR 15 million in 839 transactions, reducing daily losses to 80 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

Zamil

17.78

17.42

(2.02%)

Printing & Packaging

16.22

16.04

(1.11%)

Umm Al Qura

12.20

12.14

(0.49%)

Riyad Bank

22.64

22.54

(0.44%)

Jadwa REIT Al Haramian

7.66

7.63

(0.39%)

Astra

15.62

15.56

(0.38%)

Enaya

13.92

13.88

(0.29%)

Samba

36.10

36.00

(0.28%)

SEC

16.60

16.56

(0.24%)

Emaar EC

9.70

9.68

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

MEFIC REIT

8.68

8.79

+1.27%

Bupa Arabia

86.80

87.70

+1.04%

FIPCO

33.00

33.30

+0.91%

Zoujaj

18.06

18.22

+0.89%

UCA

11.68

11.78

+0.86%

Union

25.95

26.15

+0.77%

Jarir

146.00

147.00

+0.68%

Amana

14.90

15.00

+0.67%

Dar Al Arkan

10.60

10.66

+0.57%

Al Alamiya

31.65

31.80

+0.47%

 

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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