How did Tadawul shares fare during auction time today?

15/10/2018 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. 15 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,560

7,568

+8

Value Traded

 (SAR mln)

6,213

6,275

+62

Volume Traded

(mln shares)

224.0

225.8

+1.8

Number of transactions

139,382

140,272

+890

 

The Index added 8 points during the auction period, with a value traded of SAR 62 million in 890 transactions, increasing daily gains to 301 points. The volume traded represented 1.8 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

31.55

31.15

(1.27%)

Mulkia REIT

7.89

7.80

(1.14%)

Mowasat

72.50

71.80

(0.97%)

Farm Superstores

15.98

15.84

(0.88%)

Leejam

44.50

44.20

(0.67%)

Saudi Cement

38.80

38.55

(0.64%)

Al Othaim

62.80

62.40

(0.64%)

Advanced

47.30

47.00

(0.63%)

Wataniya

20.90

20.80

(0.48%)

Care

44.00

43.80

(0.45%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Malath

10.14

10.38

+2.37%

Albilad

23.50

23.98

+2.04%

AlBaha

15.78

16.00

+1.39%

Qassim Cement

33.15

33.60

+1.36%

Alawwal

14.12

14.30

+1.27%

Tawuniya

50.00

50.60

+1.20%

Arabian Cement

18.32

18.50

+0.98%

ANB

30.70

30.95

+0.81%

FIPCO

32.75

33.00

+0.76%

Dallah

54.60

55.00

+0.73%

 

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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