How did Tadawul shares fare during auction time today?

04/03/2019 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 4 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,550

8,565

+15

Value Traded

 (SAR mln)

2,590

2,655

+65

Volume Traded

(mln shares)

110.2

112.2

+2.0

Number of transactions

90,543

91,961

+1,418

 

The Index rose by around 15 points during the auction period, with a value traded of SAR 65 million in 1418 transactions, increasing the index gains to 31 points. The volume traded represented 2.5 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

Gulf Union

13.78

13.68

(0.73%)

NADEC

27.10

27.00

(0.37%)

SAICO

11.18

11.14

(0.36%)

Gulf General

12.80

12.76

(0.31%)

Alawwal

16.74

16.70

(0.24%)

Halwani

44.60

44.50

(0.22%)

NCB

52.80

52.70

(0.19%)

Ma’aden

55.30

55.20

(0.18%)

Alasmak

66.60

66.50

(0.15%)

Jabal Omar

34.35

34.30

(0.15%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SAFCO

81.70

82.80

+1.35%

Savola Group

32.50

32.80

+0.92%

Qassim Cement

38.60

38.95

+0.91%

Riyad

22.76

22.96

+0.88%

SAPTCO

15.28

15.40

+0.79%

Al Alamiya

31.85

32.10

+0.78%

Bupa Arabia

89.70

90.40

+0.78%

Southern Cement

43.00

43.30

+0.70%

Yanbu Cement

28.75

28.95

+0.70%

Tawuniya

59.30

59.70

+0.67%

Walaa

23.72

23.88

+0.67%

Saudi Chemical

32.20

32.40

+0.62%

SEC

16.38

16.48

+0.61%

Arabian Cement

25.00

25.15

+0.60%

Al Othaim

67.50

67.90

+0.59%

SPIMACO

27.20

27.35

+0.55%

BATIC

37.30

37.50

+0.54%

SABIC

122.00

122.60

+0.49%

Tabuk Cement

12.26

12.32

+0.49%

Catering

83.40

83.80

+0.48%

 

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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