How did Tadawul shares fare during auction time today?

17/03/2019 Argaam

 

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 17 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,570

8,563

(7)

Value Traded

 (SAR mln)

3,011

3,037

+26

Volume Traded

(mln shares)

134.1

135.5

+1.4

Number of transactions

93,584

94,447

+863

 

The Index dropped 7 points during the auction period, with a value traded of SAR 26 million in 863 transactions, widening its daily losses to 19 points. The volume traded represented 0.86 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

Allianz SF

30.50

30.00

(1.64%)

Savola

30.90

30.50

(1.29%)

SABB

35.40

35.15

(0.71%)

Yansab

73.60

73.10

(0.68%)

SIECO

79.00

78.70

(0.38%)

JAZADCO

13.64

13.60

(0.29%)

Kayan

14.28

14.24

(0.28%)

SASCO

15.62

15.58

(0.26%)

Alhokair

23.46

23.40

(0.26%)

Catering

83.00

82.80

(0.24%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Arabian Pipes

10.72

10.80

+0.75%

MedGulf

16.76

16.88

+0.72%

UCA

11.50

11.58

+0.70%

Zamil

19.30

19.42

+0.62%

Al Alamiya

33.40

33.60

+0.60%

Al Yamamah Steel

19.24

19.34

+0.52%

ANB

35.30

35.45

+0.42%

Emaar

10.14

10.18

+0.39%

Al Waha

42.00

42.15

+0.36%

Ceramic

20.08

20.14

+0.30%

 

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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