How did Tadawul shares fare during auction time today?

17/10/2018 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. 17 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,680

7,658

(22)

Value Traded

 (SAR mln)

3,647

3,724

+77

Volume Traded

(mln shares)

154.8

156.7

+1.9

Number of transactions

104,212

105,110

+898

 

The Index shed 22 points during the auction period, with a value traded of SAR 77 million in 898 transactions, closing 9 points lower. The volume traded represented 2.1 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

ANB

31.65

31.05

(1.90%)

Riyad

16.90

16.70

(1.18%)

SABB

32.25

32.00

(0.78%)

BSF

33.25

33.00

(0.75%)

Al Ahli Takaful

24.00

23.84

(0.67%)

STC

82.00

81.50

(0.61%)

SAFO

85.10

84.60

(0.59%)

Takween

9.40

9.35

(0.53%)

Makkah Construction

79.30

78.90

(0.50%)

SIIG

24.20

24.08

(0.50%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SABB Takaful

17.50

17.86

+2.06%

Alandalus

13.94

14.10

+1.15%

Al Waha

32.40

32.75

+1.08%

Nama

24.90

25.15

+1.00%

Alawwal

14.40

14.54

+0.97%

Saudi Cable

31.00

31.30

+0.97%

Tabuk Agriculture

9.51

9.60

+0.95%

Malath

10.90

11.00

+0.92%

Tawuniya

52.60

53.00

+0.76%

JAZADCO

13.50

13.60

+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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