How did Tadawul shares fare during auction time today?

31/03/2019 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 31 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,815

8,819

+4

Value Traded

 (SAR mln)

2,574

2,611

+37

Volume Traded

(mln shares)

107.2

108.4

+1.2

Number of transactions

91,968

92,818

+850

 

The Index added 4 points during the auction period, with a value traded of SAR 37 million in 850 transactions, increasing its daily gains to 31 points. The volume traded represented 1.4 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

Masha’ar REIT

7.58

7.51

(0.92%)

SAICO

11.14

11.06

(0.72%)

Alhlia

12.00

11.92

(0.67%)

Solidarity

15.10

15.04

(0.40%)

SEDCO Capital REIT

7.85

7.82

(0.38%)

Al Khabeer REIT

10.58

10.54

(0.38%)

Musharaka REIT

8.19

8.16

(0.37%)

SPIMACO

27.60

27.50

(0.36%)

MEFIC REIT

9.63

9.60

(0.31%)

SVCP

48.60

48.45

(0.31%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Bupa Arabia

83.40

84.40

+1.20%

SIIG

24.34

24.60

+1.07%

AXA

22.06

22.28

+1.00%

Buruj

21.42

21.60

+0.84%

Allianz SF

29.80

30.00

+0.67%

Savola Group

31.10

31.30

+0.64%

SISCO

13.72

13.80

+0.58%

NCB

54.70

55.00

+0.55%

MedGulf

15.72

15.80

+0.51%

Budget Saudi

32.30

32.45

+0.46%

 

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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