How did Tadawul shares fare during auction time today?

05/03/2019 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 5 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,551

8,561

+10

Value Traded

 (SAR mln)

2,623

2,683

+60

Volume Traded

(mln shares)

116.9

118.9

+2.0

Number of transactions

92,107

93,512

+1,405

 

The Index added 10 points during the auction period, with a value traded of SAR 60 million in 1,405 transactions, reducing its daily losses to 4 points. The volume traded represented 2.2 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

Al Waha

40.90

40.75

(0.37%)

Alawwal

16.66

16.60

(0.36%)

Alandalus

14.54

14.50

(0.28%)

Chubb Arabia

18.22

18.18

(0.22%)

Care

47.10

47.00

(0.21%)

Al Tayyar

25.35

25.30

(0.20%)

NCB

53.00

52.90

(0.19%)

Almarai

53.90

53.80

(0.19%)

National Learning

23.68

23.64

(0.17%)

QACO

12.04

12.02

(0.17%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Dur

20.30

20.50

+0.99%

Tawuniya

59.20

59.70

+0.84%

SABB

36.10

36.40

+0.83%

SAFCO

82.00

82.60

+0.73%

Shaker

8.38

8.44

+0.72%

Yamama Cement

14.32

14.42

+0.70%

Saudi Chemical

32.25

32.45

+0.62%

Savola

32.80

33.00

+0.61%

Chemanol

10.04

10.10

+0.60%

SACO

68.50

68.90

+0.58%

 

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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