How did Tadawul shares fare during auction time today?

28/03/2019 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 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,787

8,789

2

Value Traded

 (SAR mln)

3,289

3,312

+23

Volume Traded

(mln shares)

122.1

123.0

+0.9

Number of transactions

109,396

110,614

+1,218

 

The Index added around 2 points during the auction period, with a value traded of SAR 23 million in 1218 transactions, increasing its daily gains to 23 points. The volume traded represented 0.7 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

Red Sea

15.90

15.78

(0.75%)

Musharaka REIT

8.20

8.14

(0.73%)

Malath

11.26

11.20

(0.53%)

Riyad REIT

7.70

7.67

(0.39%)

Bupa Arabia

83.40

83.10

(0.36%)

Tabuk Cement

12.28

12.24

(0.33%)

Dallah

48.40

48.25

(0.31%)

Al Ma’athar REIT

7.48

7.46

(0.27%)

SEDCO Capital REIT

7.83

7.81

(0.26%)

SAFCO

82.50

82.30

(0.24%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Alawwal

17.14

17.32

+1.05%

National Gypsum

12.98

13.08

+0.77%

Al Alamiya

32.75

33.00

+0.76%

SISCO

13.80

13.90

+0.72%

Aljazira REIT

13.26

13.34

+0.60%

Al Khaleej Training

13.70

13.78

+0.58%

Advanced

55.40

55.70

+0.54%

Yamama Cement

15.32

15.40

+0.52%

Najran Cement

8.55

8.59

+0.47%

Budget Saudi

32.20

32.35

+0.47%

 

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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