How did Tadawul shares fare during auction time today?

12/03/2019 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 12 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,436

8,446

+10

Value Traded

 (SAR mln)

2,658

2,688

+30

Volume Traded

(mln shares)

114.3

115.4

+1.1

Number of transactions

99,249

100,395

+1,146

 

The Index rose by around 10 points during the auction period, with a value traded of SAR 30 million in 1146 transactions, increasing the index gains to 20 points. The volume traded represented 1.1 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

ACIG

21.60

21.10

(2.31%)

Shams

31.60

31.35

(0.79%)

Care

46.10

45.80

(0.65%)

eXtra

61.30

61.00

(0.49%)

Maadaniyah

17.98

17.90

(0.44%)

Al Alamiya

31.55

31.45

(0.32%)

Aljazira REIT

13.36

13.32

(0.30%)

Al Rajhi Takaful

76.20

76.00

(0.26%)

Astra

15.88

15.84

(0.25%)

Catering

82.90

82.70

(0.24%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Saudi Cement

56.90

57.80

+1.58%

Farm Superstores

18.00

18.18

+1.00%

Alujain

23.70

23.88

+0.76%

SIIG

23.80

23.98

+0.76%

Zamil

18.90

19.04

+0.74%

Arabian Cement

24.50

24.68

+0.73%

Shaker

8.75

8.80

+0.57%

Almarai

52.60

52.90

+0.57%

Advanced

54.70

55.00

+0.55%

Bawan

14.88

14.96

+0.54%

 

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.