How did Tadawul shares fare during auction time today?

25/11/2018 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.25 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,511

7,513

+2

Value Traded

 (SAR mln)

2,226

2,239

+13

Volume Traded

(mln shares)

101.3

101.8

+0.5

Number of transactions

89,392

89,935

+543

 

The Index added 2 points during the auction period, with a value traded of SAR 13 million in 543 transactions, cutting daily losses to 95 points. The volume traded represented 0.6 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

SRMG

87.60

87.00

(0.68%)

Al Khaleej Training

13.26

13.18

(0.60%)

SAIB

16.70

16.60

(0.60%)

Aljazira Takaful

17.40

17.30

(0.57%)

Al Jouf Cement

7.84

7.80

(0.51%)

Emaar

8.03

8.00

(0.37%)

Farm Superstores

16.72

16.66

(0.36%)

Buruj

23.58

23.50

(0.34%)

Chemanol

9.50

9.47

(0.32%)

Wafrah

16.40

16.36

(0.24%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Arabian Cement

22.60

23.20

+2.65%

Maadaniyah

17.86

18.08

+1.23%

BATIC

38.55

38.95

+1.04%

Al Sorayai

13.48

13.60

+0.89%

Saudi German Hospitals

32.90

33.10

+0.61%

Aldrees

35.65

35.85

+0.56%

Al Yamamah Steel

14.94

15.02

+0.54%

MESC

11.96

12.02

+0.50%

Al Alamiya

34.75

34.90

+0.43%

Dur

19.12

19.20

+0.42%

 

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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