How did Tadawul shares fare during auction time today?

06/08/2018 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 August 6 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,227

8,230

+3

Value Traded

 (SAR mln)

4,246

4,257

+11

Volume Traded

(mln shares)

145.3

145.8

+0.5

Number of transactions

97,619

98,116

+497

 

The Index increased by 3 points during the auction period, with a value traded of SAR 11 million in 497 transactions, thereby decreasing daily losses to 13 points. The volume traded represented 0.3 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 Jouf Agricultural

24.64

24.42

(0.89%)

Alasmak

24.00

23.80

(0.83%)

SAICO

13.00

12.90

(0.77%)

Samba

31.75

31.55

(0.63%)

Enaya

21.40

21.30

(0.47%)

Cable

7.58

7.55

(0.40%)

Aldrees

26.25

26.15

(0.38%)

Takween

11.54

11.50

(0.35%)

Alinma

22.70

22.64

(0.26%)

SEC

18.76

18.72

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Tawuniya

63.20

64.00

+1.27%

Alhokair

24.60

24.90

+1.22%

Buruj

27.30

27.60

+1.10%

Chemanol

11.76

11.84

+0.68%

Arabian Shield

20.76

20.86

+0.48%

BCI

24.10

24.20

+0.41%

MESC

7.47

7.50

+0.40%

Almarai

55.50

55.70

+0.36%

Arabian Cement

23.50

23.58

+0.34%

SISCO

12.52

12.56

+0.32%

 

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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