How did Tadawul shares fare during auction time today?

02/04/2019 Argaam

 

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 April 2 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,924

8,935

+11

Value Traded

 (SAR mln)

3,282

3,356

+74

Volume Traded

(mln shares)

127.4

130.0

+2.6

Number of transactions

107,976

109,577

+1,601

 

The Index added 11 points during the auction period, with a value traded of SAR 74 million in 1,601 transactions, increasing its daily gains to 38 points. The volume traded represented 2.2 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

Al Khabeer REIT

10.12

10.00

(1.19%)

Samba

39.30

39.00

(0.76%)

ACIG

21.92

21.78

(0.64%)

Chubb Arabia

22.64

22.50

(0.62%)

SEC

16.40

16.30

(0.61%)

BCI

23.24

23.12

(0.52%)

Shams

30.95

30.80

(0.48%)

Malath

11.12

11.08

(0.36%)

Al Rajhi REIT

8.42

8.40

(0.24%)

SIDC

8.80

8.78

(0.23%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Saudi Cement

58.50

59.00

+0.85%

NCB

56.00

56.40

+0.71%

Tawuniya

59.00

59.40

+0.68%

Nama

26.30

26.45

+0.57%

Ma’aden

54.90

55.20

+0.55%

Saudi Chemical

32.30

32.45

+0.46%

JAZADCO

13.70

13.76

+0.44%

Al Hammadi

24.80

24.90

+0.40%

Arabian Cement

25.25

25.35

+0.40%

Yamama Cement

15.50

15.56

+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.

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.