How did Tadawul shares fare during auction time today?

07/03/2019 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 3 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8475

8479

+4

Value Traded

 (SAR mln)

2541

2573

+32

Volume Traded

(mln shares)

118.1

119.0

+0.9

Number of transactions

97062

98269

+1,207

 

The Index rose 4 points during the auction period, with a value traded of SAR 32 million in 1,207 transactions, reducing its daily losses to 55 points. The volume traded represented 1.3 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

Advanced

54.90

54.50

(0.73%)

SABB

36.20

36.00

(0.55%)

SASCO

15.70

15.62

(0.51%)

Dar Al-Arkan

10.88

10.84

(0.37%)

Saudi Pipe

24.18

24.10

(0.33%)

Bonyan REIT

9.21

9.18

(0.33%)

JAZADCO

13.82

13.78

(0.29%)

Medgulf

14.90

14.86

(0.27%)

Wataniya

23.52

23.46

(0.26%)

Emaar EC

10.14

10.12

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Derayah REIT

8.20

8.27

+0.85%

Care

47.50

47.90

+0.84%

Fitaihi

10.90

10.98

+0.73%

Alawwal

16.38

16.50

+0.73%

Aljazira

15.86

15.94

+0.50%

Shaker

8.40

8.44

+0.48%

Riyad Bank

22.90

23.00

+0.44%

Petro Rabigh

20.22

20.30

+0.40%

SAFCO

81.60

81.90

+0.37%

Al-Babtain

22.00

22.08

+0.36%

 

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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