How did Tadawul shares fare during auction time today?

28/10/2018 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. 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,804

7,803

(1)

Value Traded

 (SAR mln)

2,958

2,978

+20

Volume Traded

(mln shares)

128.7

129.6

+0.9

Number of transactions

103,891

104,586

+695

 

The Index dropped 1 point during the auction period, with a value traded of SAR 20 million in 695 transactions, widening the daily losses to 33 points. The volume traded represented 0.7 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

Advanced

50.90

50.00

(1.77%)

Maadaniyah

17.66

17.44

(1.25%)

Qassim Cement

34.50

34.20

(0.87%)

Wafa

10.26

10.20

(0.58%)

Al Sorayai

10.56

10.50

(0.57%)

Amana

15.52

15.44

(0.52%)

Gulf General

12.80

12.74

(0.47%)

NADEC

26.80

26.70

(0.37%)

ACIG

16.92

16.86

(0.35%)

Riyad

17.08

17.02

(0.35%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Thimar

24.52

24.98

+1.88%

Nama

25.95

26.40

+1.73%

Al Abdullatif

10.86

10.98

+1.10%

Almarai

48.55

49.00

+0.93%

Al Ahi Takaful

28.00

28.25

+0.89%

SASCO

15.88

16.00

+0.76%

Saudi Ceramic

20.42

20.56

+0.69%

Aljazira REIT

13.12

13.20

+0.61%

BATIC

35.10

35.30

+0.57%

Tabuk Cement

10.90

10.96

+0.55%

 

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.