How did Tadawul shares fare during auction time today?

10/03/2019 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 10 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,464

8,466

+2

Value Traded

 (SAR mln)

2,604

2,618

+14

Volume Traded

(mln shares)

129.6

130.4

+0.8

Number of transactions

105,196

105,870

+674

 

The Index rose by around 2 points during the auction period, with a value traded of SAR 14 million in 674 transactions, narrowing the index losses to 13 points. The volume traded represented 0.5 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

Arabian Pipes

10.72

10.64

(0.75%)

Al Ahli REIT (1)

7.79

7.75

(0.51%)

Bupa Arabia

84.90

84.50

(0.47%)

Cable

46.25

46.05

(0.43%)

Saudi Ceramic

20.00

19.92

(0.40%)

SISCO

12.58

12.54

(0.32%)

Savola

32.30

32.20

(0.31%)

Samba

35.85

35.75

(0.28%)

Mobily

21.60

21.54

(0.28%)

Buruj

21.66

21.60

(0.28%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Abdullatif

12.30

12.50

+1.63%

Anaam Holding

12.26

12.44

+1.47%

MESC

11.80

11.94

+1.19%

Al Ahlia

12.36

12.50

+1.13%

Halwani

44.50

45.00

+1.12%

Zoujaj

18.46

18.60

+0.76%

UCA

11.42

11.48

+0.53%

eXtra

62.50

62.80

+0.48%

Al Waha

40.90

41.05

+0.37%

Fitaihi

10.96

11.00

+0.36%

Al Babtain

22.50

22.58

+0.36%

Budget Saudi

30.00

30.10

+0.33%

SABIC

121.20

121.60

+0.33%

Chemanol

9.96

9.99

+0.30%

Aseer

9.40

9.42

+0.21%

 

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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