How did Tadawul shares fare during auction time today?

11/07/2018 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 11 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,376

8,389

+13

Value Traded

 (SAR mln)

2,753

2,774

+21

Volume Traded

(mln shares)

114.8

115.6

+0.8

Number of transactions

82,855

83,302

+447

 

The Index increased by 13 points during the auction period, with a value traded of SAR 21 million in 447 transactions, thereby paring daily losses to 29 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

Anaam

11.50

11.40

(0.87%)

SVCP

49.85

49.55

(0.60%)

Farm Superstores

21.24

21.12

(0.56%)

eXtra

58.90

58.60

(0.51%)

MESC

8.02

7.98

(0.50%)

Taleem REIT

11.04

11.02

(0.18%)

Emaar

11.66

11.64

(0.17%)

Al Rajhi Takaful

58.40

58.30

(0.17%)

Albilad

24.50

24.46

(0.16%)

Al Akaria

14.18

14.16

(0.14%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Najran Cement

9.16

9.27

+1.20%

SADAFCO

92.10

93.00

+0.98%

Tabuk Agriculture

11.24

11.34

+0.89%

 NCB

48.10

48.45

+0.73%

Al Baha

19.72

19.86

+0.71%

ACIG

18.42

18.54

+0.65%

BSF

35.80

36.00

+0.56%

Walaa

28.45

28.60

+0.53%

Amiantit

6.61

6.64

+0.45%

Yansab

74.90

75.20

+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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