How did Tadawul shares fare during auction time today?

10/07/2018 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 03:00 and 03:10 pm.

 

The table below compares the performance of Tadawul All Share Index (TASI):

 

TASI Performance During July 10 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,417

8,418

+1

Value Traded

 (SAR mln)

3,624

3,643

+19

Volume Traded

(mln shares)

140.5

141.1

+0.6

Number of transactions

92,116

92,614

+498

 

The Index increased by one point during the auction period, with a value traded of SAR 19 million in 498 transactions, thereby increasing daily gains to 91 points. The volume traded represented 0.5 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

BSF

36.90

36.70

(0.54%)

ANB

34.00

33.85

(0.44%)

Trade Union

23.12

23.04

(0.35%)

Alabdullatif

12.38

12.34

(0.32%)

SABB

32.50

32.40

(0.31%)

Astra

19.76

19.72

(0.20%)

MEPCO

25.50

25.45

(0.20%)

Ash-Sharqiyah

53.10

53.00

(0.19%)

SABB Takaful

21.54

21.50

(0.19%)

Nama

30.55

30.50

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Anaam Holding

11.42

11.60

+1.58%

Qasim Cement

38.45

38.90

+1.17%

Amana

21.46

21.62

+0.75%

Taiba

30.80

31.00

+0.65%

Al Sorayai

13.60

13.68

+0.59%

Alhokair

20.80

20.92

+0.58%

SARCO

44.20

44.45

+0.57%

Al Hammadi

33.10

33.25

+0.45%

Tihama

47.50

47.70

+0.42%

Malath

14.52

14.58

+0.41%

 

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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