How did Tadawul shares fare during auction time today?

14/03/2019 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 14 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,585

8,583

(2)

Value Traded

 (SAR mln)

3,382

4,804

+1,422

Volume Traded

(mln shares)

147.3

185.8

+38.5

Number of transactions

132,053

137,418

+5,365

 

The Index shed 2 points during the auction period, with a value traded of SAR 1.4 billion in 5,365 transactions, reducing its daily gains to 56 points. The volume traded represented 30 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

Saudi Ceramic

20.48

19.86

(3.03%)

Mouwasat

78.40

76.10

(2.93%)

SABB

35.65

34.85

(2.24%)

SAFCO

78.60

77.00

(2.04%)

Petro Rabigh

20.28

19.92

(1.78%)

Almarai

54.60

53.90

(1.28%)

STC

104.80

103.60

(1.15%)

MEPCO

19.60

19.40

(1.02%)

Zain

10.18

10.08

(0.98%)

Alabdullatif

12.66

12.54

(0.95%)

BSF

34.70

34.40

(0.86%)

Zamil

18.90

18.74

(0.85%)

ANB

36.00

35.75

(0.69%)

Saudi German Hospital

30.80

30.60

(0.65%)

Alinma Tokio

15.80

15.70

(0.63%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Shaker

8.71

8.95

+2.76%

Astra

15.96

16.36

+2.51%

Al Jouf Cement

8.00

8.20

+2.50%

Yanbu Cement

28.30

28.90

+2.12%

Tabuk Cement

12.12

12.36

+1.98%

Alhokair Group

16.98

17.30

+1.88%

SPIMACO

27.85

28.35

+1.80%

eXtra

61.80

62.90

+1.78%

Farm Superstores

18.30

18.58

+1.53%

Qassim Cement

39.00

39.55

+1.41%

Al Rajhi REIT

8.52

8.64

+1.41%

Riyad REIT

7.86

7.97

+1.40%

Herfy

51.30

52.00

+1.36%

Saudi Chemical

33.00

33.45

+1.36%

Mobily

21.84

22.12

+1.28%

Arabian Cement

25.00

25.30

+1.20%

Hail Cement

8.39

8.49

+1.19%

Care

47.00

47.55

+1.17%

Musharaka REIT

8.15

8.24

+1.10%

 

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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