How did Tadawul shares fare during auction time today?

20/03/2019 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 20 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,648

8,641

(7)

Value Traded

 (SAR mln)

3,010

3,034

+24

Volume Traded

(mln shares)

163.0

164.2

+1.2

Number of transactions

118,983

120,011

+1,028

 

The Index shed around 7 points during the auction period, with a value traded of SAR 24 million in 1,028 transactions, widening its daily losses to 18 points. The volume traded represented 0.8 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

Chubb Arabia

18.36

18.20

(0.87%)

SAIB

18.72

18.56

(0.85%)

Mobily

22.70

22.54

(0.70%)

Steel Pipe

24.26

24.10

(0.66%)

Ash-Sharqiyah

51.30

51.10

(0.39%)

Herfy

51.40

51.20

(0.39%)

Almarai

54.50

54.30

(0.37%)

Ma’aden

54.80

54.60

(0.36%)

Riyad

23.42

23.34

(0.34%)

Al Khaleej Training

14.20

14.16

(0.28%)

BATIC

37.40

37.30

(0.27%)

MEPCO

19.26

19.22

(0.21%)

Knowledge City

9.89

9.87

(0.20%)

Emaar

10.00

9.98

(0.20%)

Al Rajhi

101.00

100.80

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Union

25.90

26.10

+0.77%

UCA

11.44

11.52

+0.70%

Bupa Arabia

87.30

87.80

+0.57%

SAFCO

79.40

79.80

+0.50%

Tabuk Cement

12.24

12.30

+0.49%

Alhokair

24.48

24.60

+0.49%

AICC

16.48

16.56

+0.49%

Alhokair Group

17.22

17.30

+0.46%

National Gypsum

12.92

12.98

+0.46%

Cable

47.30

47.50

+0.42%

 

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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