How did Tadawul shares fare during auction time today?

26/02/2019 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. 26 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,453

8,456

+3

Value Traded

 (SAR mln)

1,706

1,731

+25

Volume Traded

(mln shares)

80.8

81.9

+1.1

Number of transactions

74,370

75,245

+875

 

The Index rose by 3 points during the auction period, with a value traded of SAR 25 million in 875 transactions, increasing the index gains to 23 points. The volume traded represented 1.5 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

SACO

66.70

66.10

(0.90%)

Al Khodari

4.56

4.53

(0.66%)

BSF

36.55

36.35

(0.55%)

Sipchem

20.20

20.10

(0.50%)

Saudi Enaya

13.96

13.90

(0.43%)

NCB

52.20

52.00

(0.38%)

Riyad

22.38

22.32

(0.27%)

Eastern Cement

24.08

24.02

(0.25%)

Al Akaria

12.66

12.64

(0.16%)

Anaam

12.68

12.66

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Care

47.15

47.65

+1.06%

AlJouf Agriculture

22.30

22.44

+0.63%

Wataniya

23.76

23.90

+0.59%

Samba

36.00

36.20

+0.56%

Petrochem

27.15

27.30

+0.55%

SABB

36.55

36.75

+0.55%

Jadwa REIT Al Haramian

7.65

7.68

+0.39%

SADAFCO

103.00

103.40

+0.39%

Aljazira

15.84

15.90

+0.38%

UCA

11.76

11.80

+0.34%

Alujain

23.88

23.96

+0.34%

SABIC

121.40

121.80

+0.33%

Tihama

46.75

46.90

+0.32%

Petro Rabigh

19.40

19.46

+0.31%

Savola

32.50

32.60

+0.31%

 

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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