How did Tadawul shares fare during auction time today?

16/08/2018 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 16 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,848

7,867

+19

Value Traded

 (SAR mln)

2,517

2,546

+29

Volume Traded

(mln shares)

91.4

92.4

+1.0

Number of transactions

75,071

75,978

+907

 

The Index increased by 19 points during the auction period, with a value traded of SAR 29 million in 907 transactions, thereby raising daily gains to 1 point. The volume traded represented 1.1 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

Amana

19.10

18.90

(1.05%)

Al Waha

42.00

41.75

(0.60%)

AICC

20.20

20.10

(0.50%)

Saudi Paper

7.17

7.14

(0.42%)

Salama

18.18

18.12

(0.33%)

UCA

12.28

12.24

(0.33%)

Gulf General

14.60

14.56

(0.27%)

Saud German Hospitals

41.00

40.90

(0.24%)

Buruj

26.15

26.10

(0.19%)

QACO

11.00

10.98

(0.18%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

ANB

32.10

32.75

+2.02%

SABB

31.55

32.00

+1.43%

Catering

88.50

89.60

+1.24%

Wataniya

25.40

25.70

+1.18%

BSF

31.70

31.95

+0.79%

Electrical Industries

20.84

21.00

+0.77%

Almarai

52.50

52.90

+0.76%

Advanced Industries

13.20

13.30

+0.76%

SPIMACO

29.80

30.00

+0.67%

SACO

77.50

78.00

+0.65%

 

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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