How did Tadawul shares fare during auction time today?

09/09/2018 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)

7,736

7,729

(7)

Value Traded

 (SAR mln)

1,967.8

1,980.8

+13

Volume Traded

(mln shares)

94.2

95.0

+0.8

Number of transactions

73,405

73,928

+532

 

The Index shed 7 points during the auction period, with a value traded of SAR 13 million in 532 transactions, reducing daily gains to 41 points. The volume traded represented 0.7 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

Farm Superstores

17.68

17.50

(1.02%)

Shams

32.00

31.80

(0.62%)

Al Rajhi

83.70

83.30

(0.48%)

Yamama Cement

14.00

13.94

(0.43%)

NCB

41.85

41.70

(0.36%)

SIDC

8.42

8.40

(0.24%)

SEC

17.14

17.10

(0.23%)

Alhokair Group 

19.58

19.54

(0.20%)

Anaam

10.84

10.82

(0.18%)

Zain Saudi

5.88

5.87

(0.17%)

Yansab

71.20

71.10

(0.14%)

Jabal Omar

36.65

36.60

(0.14%)

Mouwasat

79.60

79.50

(0.13%)

Maadaniyah

18.06

18.04

(0.11%)

Emaar EC

9.44

9.43

(0.11%)

Yanbu Cement

21.90

21.88

(0.09%)

Al-Asmak

22.02

22.00

(0.09%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Wafa Insurance

11.64

11.76

+1.03%

Yamamah Steel

16.88

16.98

+0.59%

Al-Ahsa

10.14

10.20

+0.59%

Tawuniya

51.20

51.50

+0.59%

Nama

24.60

24.72

+0.49%

Alinma Tokio Marine

19.08

19.16

+0.42%

Ash-Sharqiyah Development

49.45

49.65

+0.40%

Aseer

10.02

10.06

+0.40%

Budget Saudi

28.60

28.70

+0.35%

FIPCO

36.20

36.30

+0.28%

Al-Babtain

23.10

23.16

+0.26%

Sahara

17.10

17.14

+0.23%

Takween

10.40

10.42

+0.19%

Almarai

52.40

52.50

+0.19%

BCI

21.76

21.80

+0.18%

Knowledge City

11.60

11.62

+0.17%

Taiba

12.48

12.50

+0.17%

Gulf Union

12.62

12.64

+0.16%

SAIC

32.70

32.75

+0.16%

SABB

11.64

11.76

+0.15%

 

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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