How did Tadawul shares fare during auction time today?

09/01/2019 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 Jan. 9 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,145

8,147

+2

Value Traded

 (SAR mln)

3,058

3,093

+35

Volume Traded

(mln shares)

141.1

141.9

+0.8

Number of transactions

107,563

108,588

+1,025

 

The Index added 2 points during the auction period, with a value traded of SAR 35 million in 1,025 transactions, increasing daily gains to 90 points. The volume traded represented 1.1 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

Almarai

52.10

51.60

(0.96%)

Makkah Construction

78.00

77.70

(0.38%)

Mouwasat

80.10

79.80

(0.37%)

Shaker

8.53

8.50

(0.35%)

SABB

35.70

35.60

(0.28%)

Emaar

8.32

8.30

(0.24%)

Herfy

47.20

47.10

(0.21%)

Ash-Sharqiyah

51.00

50.90

(0.20%)

Care

51.20

51.10

(0.20%)

Union

25.95

25.90

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Southern Cement

37.20

37.70

+1.34%

Al Alamiya

33.40

33.75

+1.05%

Cable

38.10

38.40

+0.79%

Printing & Packaging

16.30

16.42

+0.74%

SACO

65.00

65.40

+0.62%

Al Ahsa Development

10.14

10.20

+0.59%

Alawwal

15.70

15.78

+0.51%

Dallah

60.50

60.80

+0.50%

Ma’adaniyah

17.16

17.24

+0.47%

Al Khaleej Training

13.44

13.50

+0.45%

 

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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