How did Tadawul shares fare during auction time today?

28/02/2019 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. 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,500

8,493

(7)

Value Traded

 (SAR mln)

2,763

2,799

+36

Volume Traded

(mln shares)

110.3

111.6

+1.3

Number of transactions

86,609

87,549

+940

 

The Index declined by around 7 points during the auction period, with a value traded of SAR 36 million in 970 transactions, decreasing the index gains to 20 points. The volume traded represented 1.3 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

Amana

14.40

14.00

(2.78%)

Riyad Bank

22.48

22.30

(0.80%)

STC

100.00

99.40

(0.60%)

SABB

36.70

36.50

(0.54%)

Aljazira REIT

13.28

13.22

(0.45%)

Yansab

69.60

69.30

(0.43%)

Ma’aden

54.90

54.70

(0.36%)

Hail Cement

8.27

8.24

(0.36%)

Shaker

8.28

8.25

(0.36%)

Saudi Cement

56.80

56.60

(0.35%)

Savola

31.90

31.80

(0.31%)

Jarir

148.40

148.00

(0.27%)

Tasnee

16.64

16.60

(0.24%)

Aljazira Takaful

17.70

17.66

(0.23%)

Union

25.85

25.80

(0.19%)

Tawuniya

58.50

58.40

(0.17%)

Umm Al Qura Cement

11.84

11.82

(0.17%)

SABIC

122.60

122.40

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Allianz SF

30.00

30.30

+1.00%

SAFCO

81.50

82.30

+0.98%

SACO

69.00

69.60

+0.87%

Al Ahlia

12.32

12.42

+0.81%

Al Khaleej Training

13.20

13.30

+0.76%

National Gypsum

11.80

11.88

+0.68%

BCI

22.86

22.98

+0.52%

Al Sagr

11.94

12.00

+0.50%

Aljazira

16.00

16.08

+0.50%

SIIG

24.88

25.00

+0.48%

 

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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