How did Tadawul shares fare during auction time today?

25/03/2019 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 25 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,665

8,667

+2

Value Traded

 (SAR mln)

2,740

2,763

+23

Volume Traded

(mln shares)

126.9

127.6

+0.7

Number of transactions

105,854

106,835

+981

 

The Index added 2 points during the auction period, with a value traded of SAR 23 million in 981 transactions, increasing its daily gains to 20 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

Kingdom Holding

8.88

8.76

(1.35%)

Farm Superstores

18.16

18.00

(0.88%)

SABB

36.75

36.50

(0.68%)

Shaker

9.00

8.95

(0.56%)

Amiantit

6.74

6.71

(0.45%)

Aldrees

27.70

27.60

(0.36%)

Al Khodari

6.14

6.12

(0.33%)

JAZADCO

14.08

14.04

(0.28%)

Zamil

18.20

18.16

(0.22%)

Emaar

9.83

9.81

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

eXtra

61.50

62.00

+0.81%

Samba

37.50

37.75

+0.67%

Budget Saudi

31.75

31.95

+0.63%

Al Waha

41.15

41.40

+0.61%

SADAFCO

102.80

103.40

+0.58%

Petrochem

26.00

26.10

+0.38%

BCI

23.70

23.78

+0.34%

SAFCO

81.70

81.90

+0.24%

Alawwal

16.50

16.54

+0.24%

Tasnee

17.68

17.72

+0.23%

 

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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