How did Tadawul shares fare during auction time today?

12/03/2019 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 12 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,436

8,446

+10

Value Traded

 (SAR mln)

2,658

2,688

+30

Volume Traded

(mln shares)

114.3

115.4

+1.1

Number of transactions

99,249

100,395

+1,146

 

The Index rose by around 10 points during the auction period, with a value traded of SAR 30 million in 1146 transactions, increasing the index gains to 20 points. The volume traded represented 1.1 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

ACIG

21.60

21.10

(2.31%)

Shams

31.60

31.35

(0.79%)

Care

46.10

45.80

(0.65%)

eXtra

61.30

61.00

(0.49%)

Maadaniyah

17.98

17.90

(0.44%)

Al Alamiya

31.55

31.45

(0.32%)

Aljazira REIT

13.36

13.32

(0.30%)

Al Rajhi Takaful

76.20

76.00

(0.26%)

Astra

15.88

15.84

(0.25%)

Catering

82.90

82.70

(0.24%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Saudi Cement

56.90

57.80

+1.58%

Farm Superstores

18.00

18.18

+1.00%

Alujain

23.70

23.88

+0.76%

SIIG

23.80

23.98

+0.76%

Zamil

18.90

19.04

+0.74%

Arabian Cement

24.50

24.68

+0.73%

Shaker

8.75

8.80

+0.57%

Almarai

52.60

52.90

+0.57%

Advanced

54.70

55.00

+0.55%

Bawan

14.88

14.96

+0.54%

 

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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