How did Tadawul shares fare during auction time today?

15/07/2018 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 03:00 and 03:10 pm.

 

The table below compares the performance of Tadawul All Share Index (TASI):

 

TASI Performance During July 15 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,404

8,405

+1

Value Traded

 (SAR mln)

2,625

2,634

+9

Volume Traded

(mln shares)

108.9

109.2

+0.3

Number of transactions

81,598

82,024

+426

 

The Index increased by one point during the auction period, with a value traded of SAR 9 million in 426 transactions, thereby increasing daily gains to 43 points. The volume traded represented 0.4 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

MESC

8.08

8.05

(0.37%)

Bupa Arabia

87.70

87.40

(0.34%)

ARDCO

17.94

17.90

(0.22%)

SARCO

48.40

48.30

(0.21%)

BCI

26.10

26.05

(0.19%)

Al Rajhi Takaful

57.50

57.40

(0.17%)

Ma’aden

57.70

57.60

(0.17%)

Samba

32.15

32.10

(0.16%)

Yansab

75.60

75.50

(0.13%)

Al Masha’ar REIT

7.72

7.71

(0.13%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Tabuk Cement

13.74

13.86

+0.87%

SAPTCO

14.40

14.50

+0.69%

Arabian Cement

27.30

27.45

+0.55%

 Maadaniyah

19.30

19.40

+0.52%

Trade Union

23.30

23.42

+0.52%

Bahri

29.35

29.50

+0.51%

Najran Cement

9.14

9.18

+0.44%

Research & Marketing

96.60

97.00

+0.41%

Care

59.00

59.20

+0.34%

Al Khodari

7.55

7.57

+0.26%

 

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.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.