How did Tadawul shares fare during auction time today?

16/10/2018 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. 16 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,642

7,667

+25

Value Traded

 (SAR mln)

7,404

7,540

+136

Volume Traded

(mln shares)

282.8

286.1

+3.3

Number of transactions

150,481

151,680

+1,199

 

The Index added 25 points during the auction period, with a value traded of SAR 136 million in 1,199 transactions, increasing daily gains to 99 points. The volume traded represented 1.8 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

Herfy

41.35

40.15

(2.90%)

Almarai

45.80

45.00

(1.75%)

Southern Cement

33.50

33.00

(1.49%)

Saudi Ceramic

18.80

18.54

(1.38%)

Alawwal

14.56

14.36

(1.37%)

SAIB

17.88

17.70

(1.01%)

Nadec

26.60

26.35

(0.94%)

Albilad

24.20

24.00

(0.83%)

Savola

28.25

28.05

(0.71%)

Yanbu Cement

20.36

20.22

(0.69%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Wafrah

14.00

14.52

+3.71%

SABB Takaful

17.00

17.48

+2.82%

ANB

31.90

32.70

+2.51%

SABB

31.65

32.25

+1.90%

Electrical Industries

16.14

16.40

+1.61%

L’Azurde

16.00

16.20

+1.25%

Al Rajhi

85.50

86.50

+1.17%

Aljazira

13.84

14.00

+1.16%

Wafa

10.00

10.10

+1.00%

ARDCO

16.12

16.24

+0.74%

 

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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