How did Tadawul shares fare during auction time today?

14/08/2018 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 3 pm and 3:10 pm.

 

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

 

TASI Performance During August 14 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,869

7,893

+24

Value Traded

 (SAR mln)

3,225

3,249

+24

Volume Traded

(mln shares)

125.9

126.8

+0.9

Number of transactions

92,977

93,605

+628

 

The Index increased by 24 points during the auction period, with a value traded of SAR 24 million in 628 transactions, thereby raising 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

MedGulf

20.90

20.52

(1.82%)

Southern Cement

34.50

34.20

(0.87%)

Jabal Omar

37.15

36.90

(0.67%)

Takween

11.32

11.26

(0.53%)

Al Alamiya

29.10

29.00

(0.34%)

Saudi German Hospitals

42.45

42.35

(0.24%)

Arabian Pipes

10.08

10.06

(0.20%)

Amiantit

5.97

5.96

(0.17%)

Arabian Shield

19.48

19.46

(0.10%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

ANB

32.35

32.90

+1.70%

Enaya

22.70

23.00

+1.32%

Almarai

53.00

53.60

+1.13%

Yansab

71.50

72.30

+1.12%

BSF

31.70

32.00

+0.95%

Maaden

55.40

55.90

+0.90%

STC

79.30

80.00

+0.88%

SAFCO

64.10

64.60

+0.78%

Saudi Cement

39.40

39.70

+0.76%

Alhokair Group

20.06

20.20

+0.70%

 

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.