How did Tadawul shares fare during auction time today?

07/10/2018 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 Oct. 3 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,894

7,894

--

Value Traded

 (SAR mln)

2,927

2,934

+7

Volume Traded

(mln shares)

129.6

130.0

+0.3

Number of transactions

93,874

94,355

+481

 

The Index remained unchanged during the auction period, with a value traded of SAR 7 million in 481 transactions. The volume traded represented 0.3 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

SABB

31.70

31.40

(0.95%)

ACIG

15.90

15.76

(0.88%)

Allianz SF

24.20

24.00

(0.83%)

Chubb

18.62

18.50

(0.64%)

Zain Saudi

6.46

6.43

(0.46%)

Petrochem

25.85

25.75

(0.39%)

Alujain

26.75

26.65

(0.37%)

Savola

28.95

28.85

(0.35%)

Taiba

29.00

28.90

(0.34%)

Alhokair Group

19.00

18.96

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Maadaniyah 

17.86

18.10

+1.34%

AlJazira REIT

13.62

13.80

+1.32%

Umm Al-Qura Cement

11.60

11.70

+0.86%

ANB

32.05

32.30

+0.78%

Alandalus

14.58

14.64

+0.41%

Leejam

50.50

50.70

+0.40%

ARDCO

15.90

15.96

+0.38%

Arabian Shield

18.64

18.70

+0.32%

Almarai

46.65

46.80

+0.32%

Yansab

68.00

68.20

+0.29%

 

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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