How did Tadawul shares fare during auction time today?

13/12/2018 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 Dec.13 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,918

7,914

(4)

Value Traded

 (SAR mln)

2,455

2,476

+21

Volume Traded

(mln shares)

104.5

105.4

+0.9

Number of transactions

101,318

102,138

+820

 

The Index dropped 4 points during the auction period, with a value traded of SAR 21 million in 820 transactions, reducing daily gains to 24 points. The volume traded represented 0.9 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

SABB

33.60

33.20

(1.19%)

Advanced

54.00

53.70

(0.56%)

Maaden

51.00

50.80

(0.39%)

Jarir

153.80

153.20

(0.39%)

Budget Saudi

27.15

27.05

(0.37%)

Chubb Arabia

20.06

20.00

(0.30%)

SAFCO

79.40

79.20

(0.25%)

Catering

87.50

87.30

(0.23%)

Almarai

50.70

50.60

(0.20%)

GASCO

28.35

28.30

(0.18%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Buruj

27.45

27.70

+0.91%

Allianz SF

31.50

31.70

+0.63%

Alujain

21.58

21.70

+0.56%

SADAFCO

95.00

95.50

+0.53%

Arabian Shield

19.62

19.72

+0.51%

SAICO

12.08

12.14

+0.50%

Shaker

8.73

8.77

+0.46%

Al Tayyar

21.12

21.20

+0.38%

Nama

29.25

29.35

+0.34%

Jabal Omar

36.00

36.10

+0.28%

 

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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