How did Tadawul shares fare during auction time today?

11/11/2018 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 Nov.11 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,709

7,711

+2

Value Traded

 (SAR mln)

2,684

2,696

+12

Volume Traded

(mln shares)

123.2

123.7

+0.5

Number of transactions

111,597

112,269

+672

 

The Index added 2 points during the auction period, with a value traded of SAR 12 million in 672 transactions, reducing daily losses to 32 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

Aseer

9.28

9.20

(0.86%)

National Gypsum

12.54

12.44

(0.80%)

Yansab

68.00

67.50

(0.74%)

Najran Cement

8.78

8.73

(0.57%)

Samba

29.95

29.80

(0.50%)

MetLife AIG ANB

20.30

20.20

(0.49%)

AXA

23.00

22.90

(0.43%)

Almarai

47.20

47.00

(0.42%)

Tihama

42.65

42.50

(0.35%)

SPIMACO

29.00

28.90

(0.34%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Enaya

24.22

24.58

+1.49%

Nama

28.70

29.05

+1.22%

Dur

20.66

20.90

+1.16%

Sipchem

21.08

21.30

+1.04%

Zamil

17.30

17.48

+1.04%

Al Ahlia

11.66

11.78

+1.03%

Al Alamiya

34.80

35.10

+0.86%

Fitaihi

10.96

11.04

+0.73%

Jarir

146.00

147.00

+0.68%

Wafa

9.45

9.50

+0.53%

 

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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