How did Tadawul shares fare during auction time today?

22/07/2018 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.

 

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.

 

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

 

TASI Performance During July 22 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,464

8,467

+3

Value Traded

 (SAR mln)

2,809

2,826

+17

Volume Traded

(mln shares)

104.2

105.0

+0.8

Number of transactions

76,714

77,139

+425

 

The Index rose three points during the auction period, with a value traded of SAR 17 million in 425 transactions, thereby increasing daily gains to 17 points. The volume traded represented 0.6 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

Budget Saudi

32.80

32.65

(0.46%)

Riyad

18.00

17.92

(0.44%)

Alawwal

15.18

15.14

(0.26%)

Takween

11.22

11.20

(0.18%)

Ma’aden

58.90

58.80

(0.17%)

Al Ahlia

12.50

12.48

(0.16%)

Al Sorayai

13.62

13.60

(0.15%)

Savola

34.05

34.00

(0.15%)

Aljazira

15.64

15.62

(0.13%)

Aljazira REIT

15.84

15.82

(0.13%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

eXtra

59.90

60.40

+0.83%

Saudi German

62.00

62.40

+0.65%

R & M

105.00

105.60

+0.57%

TabuK Agriculture

11.12

11.18

+0.54%

Al Ma’athar REIT

7.84

7.88

+0.51%

SIDC

8.93

8.97

+0.45%

SADAFCO

90.70

91.10

+0.44%

MESC

8.03

8.06

+0.37%

Electrical Industries

21.82

21.90

+0.37%

Bahri

28.65

28.75

+0.35%

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.