How did Tadawul shares fare during auction time today?

09/12/2018 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.9 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,842

7,839

(3)

Value Traded

 (SAR mln)

2,134

2,146

+12

Volume Traded

(mln shares)

95.3

95.9

+0.6

Number of transactions

92,726

93,201

+475

 

The Index shed 3 points during the auction period, with a value traded of SAR 12 million in 475 transactions, widening daily losses to 10 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

MEFIC REIT

8.61

8.51

(1.16%)

Aljazira Takaful

18.58

18.50

(0.43%)

SABIC

121.00

120.60

(0.33%)

Arabian Shield

19.06

19.00

(0.31%)

Al Alamiya

32.25

32.15

(0.29%)

Zain Saudi

6.87

6.85

(0.24%)

Printing & Packaging

17.02

16.98

(0.19%)

SVCP

51.30

51.20

(0.19%)

Ash-Sharqiyah

51.50

51.40

(0.19%)

Sipchem

20.70

20.66

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Allianz SF

27.10

27.45

+1.29%

Nama

29.15

29.50

+1.20%

Al Ahsa

10.02

10.10

+0.80%

Dur

19.88

20.00

+0.60%

Al Abdullatif

11.50

11.56

+0.52%

Bupa Arabia

77.50

77.90

+0.52%

Amana

22.40

22.50

+0.45%

Almarai

50.90

51.10

+0.39%

Wataniya

26.00

26.10

+0.38%

Advanced

52.30

52.50

+0.38%

 

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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