How did Tadawul shares fare during auction time today?

04/02/2019 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 Feb. 4 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,524

8,521

(3)

Value Traded

 (SAR mln)

2,544

2,561

+17

Volume Traded

(mln shares)

107.7

108.3

+0.6

Number of transactions

97,488

98,386

+898

 

The Index dropped 3 points during the auction period, with a value traded of SAR 17 million in 898 transactions, widening daily losses to 6 points. The volume traded represented 0.6 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

Chubb Arabia

19.28

18.96

(1.76%)

SIIG

23.76

23.50

(1.09%)

Almarai

55.00

54.50

(0.91%)

Saudi Cement

55.10

54.60

(0.91%)

Qassim Cement

36.35

36.10

(0.69%)

Aslak

16.20

16.10

(0.62%)

Saudi Chemical

32.85

32.65

(0.61%)

GASCO

29.85

29.70

(0.50%)

Umm Al Qura Cement

12.08

12.02

(0.50%)

Saudi Ceramic

20.30

20.20

(0.49%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Arabian Shield

18.60

18.78

+0.97%

Allianz SF

31.00

31.25

+0.81%

BATIC

37.40

37.70

+0.80%

eXra

59.30

59.70

+0.67%

Mefic REIT

7.90

7.95

+0.63%

AlAhsa

10.14

10.20

+0.59%

MedGulf

15.16

15.24

+0.53%

Kingdom Holding

8.16

8.20

+0.49%

ACIG

23.00

23.10

+0.43%

Al Rajhi Takaful

70.50

70.80

+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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