How did Tadawul shares fare during auction time today?

09/07/2018 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 03:00 and 03:10 pm.

 

The table below compares the performance of Tadawul All Share Index (TASI):

 

TASI Performance During July 9 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,326

8,327

+1

Value Traded (SAR mln)

3,077

3,095

+18

Volume Traded (mln shares)

123.4

124.0

+0.6

Number of transactions

88,075

88,571

+496

 

The Index rose one point during the auction period, with a value traded of SAR 18 million in 496 transactions, paring the benchmark’s gains to 104 points compared to the initial closing. 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

Buruj

30.85

30.50

(1.13%)

Alinma Tokio

20.20

20.10

(0.50%)

Al Tayyar

26.05

25.95

(0.38%)

Tameer

17.14

17.08

(0.35%)

Almarai

59.00

58.80

(0.34%)

Alabdullatif

12.36

12.32

(0.32%)

Dar Al-Arkan

10.22

10.20

(0.20%)

MEPCO

25.80

25.75

(0.19%)

Shaker

11.28

11.26

(0.18%)

Nama

30.45

30.40

(0.16%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Enaya

23.84

24.20

+1.51%

National Gypsum

12.78

12.96

+1.41%

Al Othaim

74.60

75.50

+1.21%

Al Alamiya

30.45

30.80

+1.15%

Saudi Paper

7.80

7.86

+0.77%

MESC

7.93

7.99

+0.76%

ACIG

18.30

18.42

+0.66%

NCB

48.10

48.30

+0.42%

Emaar

11.58

11.62

+0.35%

Aldrees

29.40

29.50

+0.45%

 

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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