How did Tadawul shares fare during auction time today?

30/12/2018 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.30 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,810

7,810

--

Value Traded

 (SAR mln)

1,439

1,452

+13

Volume Traded

(mln shares)

63.7

64.4

+0.7

Number of transactions

67,363

67,970

+607

 

The Index remained unchanged during the auction period, with a value traded of SAR 13 million in 607 transactions. 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

33.20

32.90

(0.90%)

Saudi Chemical

31.15

30.90

(0.80%)

Chubb Arabia

18.62

18.50

(0.64%)

Halwani

46.15

46.00

(0.33%)

Al Rajhi Takaful

66.40

66.20

(0.30%)

National Learning

21.96

21.90

(0.27%)

Albilad

26.85

26.80

(0.19%)

Alinma

22.78

22.74

(0.18%)

Aslak

14.22

14.20

(0.14%)

Cable

38.00

37.95

(0.13%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

JAZADCO

14.62

14.80

+1.23%

Alawwal

14.84

15.00

+1.08%

NADEC

28.05

28.35

+1.07%

UCA

11.80

11.92

+1.02%

Shaker

8.60

8.67

+0.81%

Red Sea

15.98

16.10

+0.75%

AICC

16.44

16.56

+0.73%

Mashaar REIT

7.05

7.10

+0.71%

Amiantit

5.82

5.86

+0.69%

SAIC

13.12

13.20

+0.61%

 

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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