How did Tadawul shares fare during auction time today?

19/02/2019 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. 19 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,508

8,517

+9

Value Traded

 (SAR mln)

2,335

2,347

+12

Volume Traded

(mln shares)

105.3

105.9

+0.6

Number of transactions

92,184

93,034

+850

 

The Index added 9 points during the auction period, with a value traded of SAR 12 million in 850 transactions, reducing daily losses to 53 points. The volume traded represented 0.6 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

Riyad

23.20

23.04

(0.69%)

Bawan

13.66

13.60

(0.44%)

Albilad

29.20

29.10

(0.34%)

Steel Pipe

25.00

24.92

(0.32%)

Al Tayyar

22.96

22.90

(0.26%)

Alawwal

16.24

16.20

(0.25%)

SARCO

43.00

42.90

(0.23%)

Yanbu Cement

28.75

28.70

(0.17%)

Bahri

30.05

30.00

(0.17%)

Al Ahlia

12.04

12.02

(0.17%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Ma’aden

54.00

54.90

+1.67%

SABB

36.60

37.00

+1.09%

Advanced

54.50

55.00

+0.92%

Walaa

23.00

23.18

+0.78%

Care

46.00

46.35

+0.76%

QACO

11.92

12.00

+0.67%

Ash-Sharqiyah

51.00

51.30

+0.59%

Bupa Arabia

85.20

85.70

+0.59%

Aljazira Takaful

17.80

17.90

+0.56%

Tihama

45.35

45.60

+0.55%

UCA

11.94

12.00

+0.50%

Allianz SF

30.20

30.35

+0.50%

Shams

31.55

31.70

+0.48%

FIPCO

33.35

33.50

+0.45%

Cable

47.20

47.40

+0.42%

Al Rajhi

100.60

101.00

+0.40%

 

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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