How did Tadawul shares fare during auction time today?

12/02/2019 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. 12 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,579

8,600

+21

Value Traded

 (SAR mln)

2,592

2,644

+52

Volume Traded

(mln shares)

118.2

119.7

+1.5

Number of transactions

97,843

99,114

+1,271

 

The Index jumped 21 points during the auction period, with a value traded of SAR 52 million in 1,271 transactions, increasing the daily gains to 57 points. The volume traded represented 2 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

Steel Pipe

25.35

25.10

(0.99%)

Thimar

25.95

25.75

(0.77%)

MedGulf

15.38

15.30

(0.52%)

Eastern Cement

25.15

25.05

(0.40%)

Allianz SF

30.15

30.05

(0.33%)

Enaya

14.76

14.72

(0.27%)

Tihama

45.90

45.80

(0.22%)

Nama

27.65

27.60

(0.18%)

SAICO

11.38

11.36

(0.18%)

Bahri

30.40

30.35

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Tawuniya

58.60

60.00

+2.39%

Dur

19.70

19.90

+1.02%

Saudi Cement

58.50

59.00

+0.85%

MetLife AIG ANB

21.62

21.80

+0.83%

Taleem REIT

10.20

10.28

+0.78%

Al Akaria

12.88

12.98

+0.78%

Almarai

54.00

54.40

+0.74%

GASCO

29.40

29.60

+0.68%

AlBaha

21.04

21.18

+0.67%

Herfy

48.20

48.50

+0.62%

Savola

32.80

33.00

+0.61%

Arabian Cement

26.00

26.15

+0.58%

Yansab

69.50

69.90

+0.58%

City Cement

10.52

10.58

+0.57%

Jarir

149.20

150.00

+0.54%

Advanced

56.50

56.80

+0.53%

Qassim Cement

39.10

39.30

+0.51%

Knowledge City

9.95

10.00

+0.50%

 

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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