How did Tadawul shares fare during auction time today?

27/01/2019 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 Jan. 27 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,505

8,509

+4

Value Traded

 (SAR mln)

3,497

3,523

+26

Volume Traded

(mln shares)

165.4

166.7

+0.9

Number of transactions

115,343

116,147

+804

 

The Index added 4 points during the auction period, with a value traded of SAR 26 million in 804 transactions, increasing daily gains to 75 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

Wafrah

16.16

16.00

(0.99%)

Arabian Pipes

10.46

10.38

(0.76%)

SAIB

21.08

21.00

(0.38%)

Tawuniya

60.00

59.80

(0.33%)

BSF

38.10

38.00

(0.26%)

Derayah REIT

8.10

8.08

(0.25%)

SPIMACO

29.00

28.95

(0.17%)

Malath

11.68

11.66

(0.17%)

MESC

12.18

12.16

(0.16%)

SPM

13.16

13.14

(0.15%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Aljazira Takaful

17.56

17.68

+0.68%

Halwani

44.30

44.55

+0.56%

Yamama Cement

14.20

14.28

+0.56%

SABB

38.00

38.20

+0.53%

Yansab

64.50

64.80

+0.47%

Al Khaleej Training

13.42

13.48

+0.45%

Aljazira REIT

13.62

13.68

+0.44%

Qassim Cement

35.80

35.95

+0.42%

Umm Al Qura Cement

12.12

12.16

+0.33%

Tabuk Cement

12.22

12.26

+0.33%

 

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

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.