How did Tadawul shares fare during auction time today?

28/10/2018 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. 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,804

7,803

(1)

Value Traded

 (SAR mln)

2,958

2,978

+20

Volume Traded

(mln shares)

128.7

129.6

+0.9

Number of transactions

103,891

104,586

+695

 

The Index dropped 1 point during the auction period, with a value traded of SAR 20 million in 695 transactions, widening the daily losses to 33 points. The volume traded represented 0.7 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

Advanced

50.90

50.00

(1.77%)

Maadaniyah

17.66

17.44

(1.25%)

Qassim Cement

34.50

34.20

(0.87%)

Wafa

10.26

10.20

(0.58%)

Al Sorayai

10.56

10.50

(0.57%)

Amana

15.52

15.44

(0.52%)

Gulf General

12.80

12.74

(0.47%)

NADEC

26.80

26.70

(0.37%)

ACIG

16.92

16.86

(0.35%)

Riyad

17.08

17.02

(0.35%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Thimar

24.52

24.98

+1.88%

Nama

25.95

26.40

+1.73%

Al Abdullatif

10.86

10.98

+1.10%

Almarai

48.55

49.00

+0.93%

Al Ahi Takaful

28.00

28.25

+0.89%

SASCO

15.88

16.00

+0.76%

Saudi Ceramic

20.42

20.56

+0.69%

Aljazira REIT

13.12

13.20

+0.61%

BATIC

35.10

35.30

+0.57%

Tabuk Cement

10.90

10.96

+0.55%

 

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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