How did Tadawul shares fare during auction time today?

15/11/2018 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.15 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,666

7,662

(4)

Value Traded

 (SAR mln)

2,928

2,944

+16

Volume Traded

(mln shares)

127.8

128.5

+0.7

Number of transactions

112,894

113,614

+720

 

The Index shed 4 points during the auction period, with a value traded of SAR 16 million in 720 transactions, reducing daily gains to 2 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

Southern Cement

38.10

37.70

(1.05%)

Saudi Cement

25.20

25.00

(0.79%)

Nadec

28.90

28.70

(0.69%)

Nama

29.00

28.80

(0.69%)

Saudi Ceramic

20.92

20.80

(0.57%)

eXtra

59.30

59.00

(0.51%)

Printing & Packaging

16.72

16.64

(0.48%)

Al Rajhi

84.70

84.30

(0.47%)

SADAFCO

96.60

96.20

(0.41%)

Alasmak

26.60

26.50

(0.38%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Buruj

25.00

25.45

+1.80%

Alawwal

14.68

14.88

+1.36%

SEDCO Capital REIT

7.30

7.37

+0.96%

Al Sorayai

13.50

13.62

+0.89%

Al Alamiya

34.60

34.90

+0.87%

MEPCO

20.98

21.16

+0.86%

Al Ahsa Development

10.16

10.24

+0.79%

Aljazira

13.96

14.06

+0.72%

SAICO

11.30

11.38

+0.71%

Al Ahlia

11.42

11.50

+0.70%

 

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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