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 March 3 Auction |
|||
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
TASI (Points) |
8,527 |
8,534 |
+7 |
Value Traded (SAR mln) |
2,527 |
2,541 |
+14 |
Volume Traded (mln shares) |
112.4 |
112.9 |
+0.5 |
Number of transactions |
88,615 |
89,197 |
+582 |
The Index rose 7 points during the auction period, with a value traded of SAR 14 million in 582 transactions, increasing its daily gains to 42 points. The volume traded represented 0.6 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 |
SADAFCO |
101.80 |
101.20 |
(0.59%) |
SAICO |
11.34 |
11.28 |
(0.53%) |
Saudi Cement |
57.60 |
57.30 |
(0.52%) |
BSF |
36.40 |
36.30 |
(0.27%) |
Budget Saudi |
29.50 |
29.45 |
(0.17%) |
SAFCO |
82.00 |
81.90 |
(0.12%) |
Cubb Arabia |
18.22 |
18.20 |
(0.11%) |
Knowledge City |
9.52 |
9.51 |
(0.11%) |
Zain |
9.55 |
9.54 |
(0.10%) |
Mobily |
20.30 |
20.28 |
(0.10%) |
The following stocks gained during the auction period:
Gainers (SAR) |
|||
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
Gulf Union |
13.42 |
13.98 |
+4.17% |
Yanbu Cement |
28.75 |
29.00 |
+0.87% |
UCA |
11.76 |
11.86 |
+0.85% |
Allianz SF |
30.15 |
30.40 |
+0.83% |
Bupa Arabia |
90.10 |
90.70 |
+0.67% |
SRMG |
82.00 |
82.50 |
+0.61% |
Jarir |
148.20 |
149.00 |
+0.54% |
Care |
48.50 |
48.75 |
+0.52% |
Savola |
31.40 |
31.55 |
+0.48% |
Jabal Omar |
33.65 |
33.80 |
+0.45% |
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.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}