How did Tadawul shares fare during auction time today?

13/03/2019 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 14 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,524

8,527

+3

Value Traded

 (SAR mln)

3,227

3,254

+27

Volume Traded

(mln shares)

134.9

136.1

+1.2

Number of transactions

111,647

112,842

+1,195

 

The Index rose 3 points during the auction period, with a value traded of SAR 27 million in 1,195 transactions, increasing its daily gains to 81 points. The volume traded represented 0.85 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

BATIC

38.20

37.85

(0.92%)

Steel Pipe

23.70

23.52

(0.76%)

SABB

35.35

35.25

(0.28%)

Samba

36.00

35.90

(0.28%)

Catering

82.80

82.60

(0.24%)

Southern Cement

44.10

44.00

(0.23%)

Union

26.35

26.30

(0.19%)

National Learning

22.90

22.86

(0.17%)

Albilad

28.85

28.80

(0.17%)

eXtra

61.20

61.10

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Bonyan REIT

8.63

8.80

+1.97%

Saudi Cement

56.50

57.30

+1.42%

Al Khodari

4.25

4.30

+1.18%

MEFIC REIT

9.59

9.70

+1.15%

Al Ahlia

12.40

12.50

+0.81%

Northern Cement

8.75

8.80

+0.57%

Halwani

44.65

44.90

+0.56%

AlBaha

21.82

21.94

+0.55%

AlAhsa Development

10.02

10.06

+0.40%

SAFCO

79.20

79.50

+0.38%

 

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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