How did Tadawul shares fare during auction time today?

03/03/2019 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 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

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.