How did Tadawul shares fare during auction time today?

20/03/2019 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 20 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,648

8,641

(7)

Value Traded

 (SAR mln)

3,010

3,034

+24

Volume Traded

(mln shares)

163.0

164.2

+1.2

Number of transactions

118,983

120,011

+1,028

 

The Index shed around 7 points during the auction period, with a value traded of SAR 24 million in 1,028 transactions, widening its daily losses to 18 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

Chubb Arabia

18.36

18.20

(0.87%)

SAIB

18.72

18.56

(0.85%)

Mobily

22.70

22.54

(0.70%)

Steel Pipe

24.26

24.10

(0.66%)

Ash-Sharqiyah

51.30

51.10

(0.39%)

Herfy

51.40

51.20

(0.39%)

Almarai

54.50

54.30

(0.37%)

Ma’aden

54.80

54.60

(0.36%)

Riyad

23.42

23.34

(0.34%)

Al Khaleej Training

14.20

14.16

(0.28%)

BATIC

37.40

37.30

(0.27%)

MEPCO

19.26

19.22

(0.21%)

Knowledge City

9.89

9.87

(0.20%)

Emaar

10.00

9.98

(0.20%)

Al Rajhi

101.00

100.80

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Union

25.90

26.10

+0.77%

UCA

11.44

11.52

+0.70%

Bupa Arabia

87.30

87.80

+0.57%

SAFCO

79.40

79.80

+0.50%

Tabuk Cement

12.24

12.30

+0.49%

Alhokair

24.48

24.60

+0.49%

AICC

16.48

16.56

+0.49%

Alhokair Group

17.22

17.30

+0.46%

National Gypsum

12.92

12.98

+0.46%

Cable

47.30

47.50

+0.42%

 

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.