How did Tadawul shares fare during auction time today?

07/11/2018 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 Nov.7 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,796

7,793

(3)

Value Traded

 (SAR mln)

3,286

3,301

+15

Volume Traded

(mln shares)

132.3

133.1

+0.8

Number of transactions

111,958

112,745

+787

 

The Index shed 3 points during the auction period, with a value traded of SAR 15 million in 787 transactions, widening the daily losses to 20 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

ANB

33.00

32.70

(0.91%)

Qassim Cement

38.50

38.20

(0.78%)

Malath

11.78

11.70

(0.68%)

Al Alamiya

34.65

34.45

(0.58%)

L’Azurde

17.18

17.10

(0.47%)

Yamama Cement

14.46

14.40

(0.41%)

SARCO

40.75

40.60

(0.37%)

Northern Cement

8.30

8.27

(0.36%)

Bahri

33.10

33.00

(0.30%)

SEC

14.72

14.68

(0.27%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

AICC

18.84

19.00

+0.85%

Tihama

42.15

42.50

+0.83%

Dur

21.00

21.16

+0. 76%

Enaya

25.05

25.20

+0.60%

Care

42.15

42.40

+0.59%

SIECO

153.20

154.00

+0.52%

Umm Al Qura

12.24

12.30

+0.49%

Al Tayyar

20.84

20.94

+0.48%

ACIG

16.74

16.82

+0.48%

Aljazira Takaful

18.04

18.12

+0.44%

 

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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