How did Tadawul shares fare during auction time today?

30/09/2018 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 Sept. 30 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,996

8,000

+4

Value Traded

 (SAR mln)

2,830

2,853

+23

Volume Traded

(mln shares)

118.0

118.8

+0.8

Number of transactions

86,227

86,836

+609

 

The Index added 4 points during the auction period, with a value traded of SAR 23 million in 609 transactions, increasing daily gains to 101 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

Al Baha

15.20

15.02

(1.18%)

Mouwasat

83.50

83.00

(0.60%)

Cable

23.66

23.52

(0.59%)

STC

86.00

85.50

(0.58%)

ACIG

16.20

16.14

(0.37%)

Bupa Arabia

108.40

108.00

(0.37%)

Printing & Packaging

17.08

17.02

(0.35%)

Samba

31.80

31.70

(0.31%)

Petro Rabigh

23.40

23.34

(0.26%)

Halwani

47.60

47.50

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SIDC

8.36

8.50

+1.67%

BSF

33.00

33.35

+1.06%

Tihama

40.00

40.30

+0.75%

Care

45.40

45.70

+0.66%

Arabian Shield

18.70

18.82

+0.64%

Salama

16.38

16.46

+0.49%

Shams

32.15

32.30

+0.47%

Qassim Cement

33.00

33.15

+0.45%

Takween

10.62

10.66

+0.38%

Derayah REIT

8.12

8.15

+0.37%

 

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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