How did Tadawul shares fare during auction time today?

24/03/2019 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 24 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,647

8,647

--

Value Traded

 (SAR mln)

2,447

2,468

+21

Volume Traded

(mln shares)

114.2

115.4

+1.2

Number of transactions

96,641

97,433

+792

 

The Index remained unchanged during the auction period, with a value traded of SAR 21 million in 792 transactions. The volume traded represented 0.9 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

MedGulf

16.24

16.12

(0.74%)

Takween

8.96

8.91

(0.56%)

National Learning

22.60

22.50

(0.44%)

SAPTCO

14.38

14.32

(0.40%)

Walaa

25.10

25.00

(0.40%)

Alawwal

16.60

16.54

(0.36%)

Anaam

12.68

12.64

(0.32%)

Gypsum

13.20

13.16

(0.30%)

Kayan

14.06

14.02

(0.28%)

Aseer

9.55

9.53

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Khodari

6.09

6.28

+3.12%

ACIG

22.52

22.88

+1.60%

Malath

11.24

11.36

+1.07%

Al Waha

41.15

41.55

+0.97%

SAIC

13.96

14.06

+0.72%

Knowledge City

9.67

9.73

+0.62%

SISCO

13.66

13.74

+0.59%

Zamil

18.40

18.50

+0.54%

Savola

31.00

31.15

+0.48%

ARDCO

20.80

20.90

+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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