How did Tadawul shares fare during auction time today?

10/10/2018 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. 10 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,837

7,835

(2)

Value Traded

 (SAR mln)

2,585

2,598

+13

Volume Traded

(mln shares)

102.7

103.2

+0.5

Number of transactions

85,513

86,239

+726

 

The Index decreased 2 points during the auction period, with a value traded of SAR 13 million in 726 transactions, increasing daily losses to 70 points. The volume traded represented 0.5 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

Saudi Cement

43.85

43.10

(1.71%)

Al Ahsa Development

10.14

10.00

(1.38%)

SABB

31.95

31.65

(0.94%)

Alabdullatif

11.26

11.16

(0.89%)

Alinma Tokio

17.90

17.76

(0.78%)

Chubb Arabia

18.40

18.28

(0.65%)

BSF

31.70

31.50

(0.63%)

Solidarity

16.36

16.26

(0.61%)

SIDC

8.46

8.44

(0.24%)

Mobily

17.90

17.86

(0.22%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SGS

35.00

35.25

+0.71%

Wafa

11.36

11.44

+0.70%

Maadaniya

17.84

17.96

+0.67%

Catering

83.30

83.70

+0.48%

Bawan

14.12

14.18

+0.42%

SEC

15.98

16.04

+0.38%

Budget Saudi

27.30

27.40

+0.37%

Nama

28.70

28.80

+0.35%

Alujain

24.62

24.70

+0.32%

Saudi Cable

31.80

31.90

+0.31%

 

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.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.