How did Tadawul shares fare during auction time today?

27/03/2019 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 27 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,754

8,766

+12

Value Traded

 (SAR mln)

3,005

3,069

+64

Volume Traded

(mln shares)

119.8

122.1

+2.3

Number of transactions

104,174

105,980

+1,806

 

The Index added 12 points during the auction period, with a value traded of SAR 64 million in 1,806 transactions, increasing its daily gains to 87 points. The volume traded represented 2.1 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

Tawuniya

59.00

58.50

(0.85%)

Al Sorayai

13.28

13.22

(0.45%)

ACIG

22.20

22.10

(0.45%)

MedGulf

15.92

15.86

(0.38%)

Cable

44.30

44.15

(0.34%)

Al Khodari

6.12

6.10

(0.33%)

Ma’aden

55.00

54.90

(0.18%)

Taiba

28.55

28.50

(0.18%)

Alinma

24.30

24.26

(0.16%)

Aljazira REIT

13.32

13.30

(0.15%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Red Sea

15.68

16.20

+3.32%

SVCP

49.00

50.00

+2.04%

SACO

72.00

73.40

+1.94%

Saudi Chemical

33.45

34.00

+1.64%

Saudi Ceramic

19.98

20.26

+1.40%

Amiantit

6.66

6.75

+1.35%

Gulf General

12.28

12.44

+1.30%

Advanced

14.12

14.28

+1.13%

Takween

9.09

9.19

+1.10%

SPIMACO

27.45

27.70

+0.90%

Saudi Re

8.03

8.10

+0.87%

Samba

37.70

38.00

+0.80%

Petrochem

26.50

26.70

+0.75%

Zain

11.00

11.08

+0.73%

Tabuk Cement

12.32

12.40

+0.65%

SISCO

13.84

13.92

+0.58%

SABB Takaful

17.66

17.76

+0.57%

NCB

53.50

53.80

+0.56%

 

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.