How did Tadawul shares fare during auction time today?

19/03/2019 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 18 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,654

8,659

+5

Value Traded

 (SAR mln)

3,688

3,724

+36

Volume Traded

(mln shares)

176.5

177.6

+1.1

Number of transactions

133,417

134,452

+1,035

 

The Index added 5 points during the auction period, with a value traded of SAR 36 million in 1,035 transactions, increasing its daily gains to 6 points. The volume traded represented 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

Enaya

14.00

13.88

(0.86%)

Al Rajhi REIT

8.48

8.44

(0.47%)

Kingdom Holding

8.74

8.70

(0.46%)

Takween

9.16

9.12

(0.44%)

Al Khaleej Training

14.20

14.14

(0.42%)

Alhokair

24.10

24.02

(0.33%)

Zoujaj

18.76

18.70

(0.32%)

AlBaha

21.98

21.92

(0.27%)

Emaar

10.02

10.00

(0.20%)

Al Rajhi

100.40

100.20

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Bupa Arabia

85.70

87.80

+2.45%

Shaker

9.08

9.18

+1.10%

Aljazira REIT

13.34

13.48

+1.05%

SAIB

18.52

18.68

+0.86%

QACO

11.86

11.96

+0.84%

Knowledge City

9.90

9.98

+0.81%

Ma’aden

54.60

55.00

+0.73%

Electrical Industries

18.70

18.80

+0.53%

AXA

22.44

22.56

+0.53%

SASCO

16.32

16.40

+0.49%

 

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.