How did Tadawul shares fare during auction time today?

13/03/2019 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 14 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,524

8,527

+3

Value Traded

 (SAR mln)

3,227

3,254

+27

Volume Traded

(mln shares)

134.9

136.1

+1.2

Number of transactions

111,647

112,842

+1,195

 

The Index rose 3 points during the auction period, with a value traded of SAR 27 million in 1,195 transactions, increasing its daily gains to 81 points. The volume traded represented 0.85 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

BATIC

38.20

37.85

(0.92%)

Steel Pipe

23.70

23.52

(0.76%)

SABB

35.35

35.25

(0.28%)

Samba

36.00

35.90

(0.28%)

Catering

82.80

82.60

(0.24%)

Southern Cement

44.10

44.00

(0.23%)

Union

26.35

26.30

(0.19%)

National Learning

22.90

22.86

(0.17%)

Albilad

28.85

28.80

(0.17%)

eXtra

61.20

61.10

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Bonyan REIT

8.63

8.80

+1.97%

Saudi Cement

56.50

57.30

+1.42%

Al Khodari

4.25

4.30

+1.18%

MEFIC REIT

9.59

9.70

+1.15%

Al Ahlia

12.40

12.50

+0.81%

Northern Cement

8.75

8.80

+0.57%

Halwani

44.65

44.90

+0.56%

AlBaha

21.82

21.94

+0.55%

AlAhsa Development

10.02

10.06

+0.40%

SAFCO

79.20

79.50

+0.38%

 

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.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read