How did Tadawul shares fare during auction time today?

11/03/2019 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 11 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,428

8,426

(2)

Value Traded

 (SAR mln)

2,281

2,300

+19

Volume Traded

(mln shares)

112.3

113.1

+0.8

Number of transactions

109,075

110,077

+1,002

 

The Index shed 2 points during the auction period, with a value traded of SAR 19 million in 1,002 transactions, widening its daily losses to 39 points. The volume traded represented 0.8 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

Ma’aden

53.40

52.00

(2.62%)

Al Alamiya

30.60

30.15

(1.47%)

Jazadco

13.86

13.74

(0.87%)

Swicorp Wabel REIT

8.45

8.40

(0.59%)

Chubb Arabia

18.16

18.06

(0.55%)

SEDCO Capital REIT

7.90

7.86

(0.51%)

Bawan

15.02

14.96

(0.40%)

Al Tayyar

25.80

25.70

(0.39%)

Bahri

30.45

30.35

(0.33%)

Saudi German Hospital

31.10

31.00

(0.32%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Bupa Arabia

83.40

84.40

+1.20%

Al Ahlia

12.24

12.38

+1.14%

MEFIC REIT

10.30

10.40

+0.97%

Leejam

63.10

63.70

+0.95%

Wataniya

23.40

23.58

+0.77%

Al Rajhi REIT

8.44

8.50

+0.71%

Fitaihi

11.02

11.08

+0.54%

eXtra

61.70

62.00

+0.49%

Saudi Ceramic

19.90

19.98

+0.40%

Al Rajhi Takaful

75.20

75.50

+0.40%

 

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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