How did Tadawul shares fare during auction time today?

23/01/2019 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. 23 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,465

8,466

+1

Value Traded

 (SAR mln)

2,629

2,651

+22

Volume Traded

(mln shares)

114.2

115.2

+1.0

Number of transactions

110,472

111,394

+922

 

The Index added 1 point during the auction period, with a value traded of SAR 22 million in 922 transactions, increasing daily gains to 67 points. The volume traded represented 0.9 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

Savola

31.45

31.25

(0.64%)

Gulf General

13.08

13.00

(0.61%)

Emaar

8.26

8.21

(0.61%)

Alawwal

16.70

16.60

(0.60%)

Jabal Omar

33.60

33.45

(0.45%)

Aslak

14.80

14.74

(0.41%)

Tawuniya

60.70

60.50

(0.33%)

Chemanol

9.58

9.55

(0.31%)

Mouwasat

77.40

77.20

(0.26%)

Petro Rabigh

20.46

20.42

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

UCA

11.46

11.58

+1.05%

Al Alamiya

34.10

34.45

+1.03%

STC

101.20

102.00

+0.79%

SISCO

11.52

11.60

+0.69%

Tihama

44.45

44.75

+0.67%

Steel Pipe

19.40

19.50

+0.52%

Al Khaleej Training

13.46

13.52

+0.45%

SAIC

13.72

13.78

+0.44%

Arabian Shield

18.40

18.48

+0.43%

Al Rajhi Takaful

70.00

70.30

+0.43%

 

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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