How did Tadawul shares fare during auction time today?

21/03/2019 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 21 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,712

8,709

(3)

Value Traded

 (SAR mln)

2,697

2,769

+72

Volume Traded

(mln shares)

117.0

118.7

+1.7

Number of transactions

105,057

106,459

+1,402

 

The Index shed 3 points during the auction period, with a value traded of SAR 72 million in 1,402 transactions, reducing its daily gains to 68 points. The volume traded represented 2.6 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

National Gupsum

13.14

13.00

(1.07%)

Halwani

45.95

45.60

(0.76%)

SARCO

42.75

42.45

(0.70%)

SABB

36.75

36.50

(0.68%)

SIIG

25.75

25.60

(0.58%)

Saudi Re

8.03

8.00

(0.37%)

AICC

16.36

16.30

(0.37%)

Ma’aden

55.20

55.00

(0.36%)

Almarai

55.20

55.00

(0.36%)

Walaa

24.58

24.50

(0.33%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

BCI

23.54

23.78

+1.02%

Al Rajhi Takaful

73.30

74.00

+0.95%

UCA

11.40

11.50

+0.88%

NADEC

27.60

27.80

+0.72%

Leejam

68.50

68.90

+0.58%

Yansab

73.00

73.40

+0.55%

City Cement

11.18

11.24

+0.54%

SAFCO

80.60

81.00

+0.50%

Al Waha

41.10

41.30

+0.49%

Alhokair

17.06

17.14

+0.47%

 

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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