How did Tadawul shares fare during auction time today?

02/10/2018 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 Oct. 2 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,969

7,981

+12

Value Traded

 (SAR mln)

3,347

3,364

+17

Volume Traded

(mln shares)

133.2

133.8

+0.6

Number of transactions

100,444

101,321

+877

 

The Index added 12 points during the auction period, with a value traded of SAR 17 million in 877 transactions, decreasing daily losses to 57 points. The volume traded represented 0.5 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

Jarir

180.20

179.00

(0.67%)

Zamil

19.72

19.60

(0.61%)

Paper Manufacturing

11.60

11.54

(0.52%)

Budget Saudi

26.10

26.00

(0.38%)

Al Babtain

21.76

21.68

(0.37%)

Bahri

34.10

34.00

(0.29%)

MedGulf

14.20

14.16

(0.28%)

Saudi Ceramic

17.14

17.10

(0.23%)

Al Ahli Takaful

25.25

25.20

(0.20%)

Ma’aden

51.40

51.30

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Hammadi

27.15

27.50

+1.29%

SIDC

8.50

8.60

+1.18%

Nama

27.40

27.70

+1.09%

Samba

31.15

31.40

+0.80%

Dur

21.60

21.76

+0.74%

Shams

31.75

31.95

+0.63%

Riyad

16.64

16.74

+0.60%

Al Ahlia

10.46

10.52

+0.57%

Sahara

17.50

17.60

+0.57%

Saudi Enaya

19.86

19.96

+0.50%

 

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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