How did Tadawul shares fare during auction time today?

30/08/2018 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 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,941

7,948

+7

Value Traded

 (SAR mln)

1,908

1,958

+50

Volume Traded

(mln shares)

86.0

87.8

+1.8

Number of transactions

72,815

74,059

+1,244

 

The Index rose 7 points during the auction period, with a value traded of SAR 50 million in 1,244 transactions, reducing daily losses to 70 points. The volume traded represented 2.6 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

SAFCO

68.90

68.00

(1.31%)

MEPCO

22.92

22.66

(1.13%)

Saudi Kayan

17.98

17.78

(1.11%)

SABB Takaful

20.00

19.80

(1.00%)

BSF

31.75

31.45

(0.94%)

Wafa

11.70

11.60

(0.85%)

Takween

11.18

11.12

(0.54%)

Metlife AIG

19.00

18.90

(0.53%)

Al Rajhi

85.40

85.10

(0.35%)

Samba

28.80

28.70

(0.35%)

Dar Al-Arkan

10.02

9.99

(0.30%)

Mouwasat

85.00

84.80

(0.24%)

Herfy

44.00

43.90

(0.23%)

eXtra

57.40

57.30

(0.17%)

Al Alamiya

31.00

30.95

(0.16%)

SABIC

126.20

126.00

(0.16%)

Al-Yamamah Steel

17.58

17.56

(0.11%)

Dur

20.00

19.98

(0.10%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Budget Saudi

29.60

30.40

+2.70%

Yamama Cement

14.38

14.68

+2.09%

Nadec

32.20

32.85

+2.02%

Qassim Cement

34.05

34.65

+1.76%

Arabia Insurance

19.54

19.88

+1.74%

Shaker

9.29

9.43

+1.51%

SACO

76.00

77.00

+1.32%

Al-Zamil

20.82

21.08

+1.25%

Al Rajhi Takaful

57.30

58.00

+1.22%

Saudi Cement

41.45

41.95

+1.21%

Al-Hammadi

29.10

29.45

+1.20%

Halwani

50.20

50.80

+1.20%

Malath

13.44

13.60

+1.19%

Savola

30.45

30.80

+1.15%

Northern Cement

8.90

9.00

+1.12%

Aslak

16.16

16.34

+1.11%

Yanbu Cement

22.24

22.48

+1.08%

Jabal Omar

36.60

36.95

+0.96%

SAICO

12.58

12.70

+0.95%

Yansab

71.10

71.70

+0.84%

 

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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