How did Tadawul shares fare during auction time today?

18/02/2019 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 Feb. 18 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,573

8,570

(3)

Value Traded

 (SAR mln)

2,322

2,342

+20

Volume Traded

(mln shares)

122.3

123.1

+0.8

Number of transactions

92,529

93,481

+952

 

The Index declined by around 3 points during the auction period, with a value traded of SAR 20 million in 952 transactions, widening the index losses to 22 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

Yanbu Cement

29.80

29.55

(0.84%)

Saudi Cement

58.80

58.40

(0.68%)

STC

101.20

100.60

(0.59%)

Emaar

9.67

9.62

(0.52%)

Tawuniya

58.30

58.00

(0.51%)

Al Ma’athar REIT

7.97

7.93

(0.50%)

Yamama Cement

14.50

14.44

(0.41%)

Arabian Pipes

10.72

10.68

(0.37%)

Mobily

17.78

17.72

(0.34%)

Al Alamiya

32.70

32.60

(0.31%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

UCA

11.96

12.06

+0.84%

AXA

22.30

22.48

+0.81%

Savola

33.05

33.30

+0.76%

Astra

16.08

16.18

+0.62%

FIPCO

33.40

33.60

+0.60%

Dallah

65.80

66.10

+0.46%

Tihama

45.75

45.95

+0.44%

Knowledge City

9.60

9.64

+0.42%

Cable

48.20

48.40

+0.41%

Steel Pipe

25.60

25.70

+0.39%

 

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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