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 10 Auction |
|||
|
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
|
TASI (Points) |
8,464 |
8,466 |
+2 |
|
Value Traded (SAR mln) |
2,604 |
2,618 |
+14 |
|
Volume Traded (mln shares) |
129.6 |
130.4 |
+0.8 |
|
Number of transactions |
105,196 |
105,870 |
+674 |
The Index rose by around 2 points during the auction period, with a value traded of SAR 14 million in 674 transactions, narrowing the index losses to 13 points. The volume traded represented 0.5 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 |
|
Arabian Pipes |
10.72 |
10.64 |
(0.75%) |
|
Al Ahli REIT (1) |
7.79 |
7.75 |
(0.51%) |
|
Bupa Arabia |
84.90 |
84.50 |
(0.47%) |
|
Cable |
46.25 |
46.05 |
(0.43%) |
|
Saudi Ceramic |
20.00 |
19.92 |
(0.40%) |
|
SISCO |
12.58 |
12.54 |
(0.32%) |
|
Savola |
32.30 |
32.20 |
(0.31%) |
|
Samba |
35.85 |
35.75 |
(0.28%) |
|
Mobily |
21.60 |
21.54 |
(0.28%) |
|
Buruj |
21.66 |
21.60 |
(0.28%) |
The following stocks gained during the auction period:
|
Gainers (SAR) |
|||
|
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
|
Al Abdullatif |
12.30 |
12.50 |
+1.63% |
|
Anaam Holding |
12.26 |
12.44 |
+1.47% |
|
MESC |
11.80 |
11.94 |
+1.19% |
|
Al Ahlia |
12.36 |
12.50 |
+1.13% |
|
Halwani |
44.50 |
45.00 |
+1.12% |
|
Zoujaj |
18.46 |
18.60 |
+0.76% |
|
UCA |
11.42 |
11.48 |
+0.53% |
|
eXtra |
62.50 |
62.80 |
+0.48% |
|
Al Waha |
40.90 |
41.05 |
+0.37% |
|
Fitaihi |
10.96 |
11.00 |
+0.36% |
|
Al Babtain |
22.50 |
22.58 |
+0.36% |
|
Budget Saudi |
30.00 |
30.10 |
+0.33% |
|
SABIC |
121.20 |
121.60 |
+0.33% |
|
Chemanol |
9.96 |
9.99 |
+0.30% |
|
Aseer |
9.40 |
9.42 |
+0.21% |
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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