How did Tadawul shares fare during auction time today?

29/08/2018 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 August 28 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

8,013

8,019

+6

Value Traded

 (SAR mln)

2,085

2,101

+18

Volume Traded

(mln shares)

93.6

94.2

+0.6

Number of transactions

74,714

75,438

+724

 

The Index added 6 points during the auction period, with a value traded of SAR 16 million in 724 transactions, reducing daily losses to 18 points. The volume traded represented 0.8 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

Savola

31.70

31.50

(0.63%)

Aseer

10.58

10.52

(0.57%)

BSF

32.40

32.25

(0.46%)

Saudi Steel Pipes

19.50

19.42

(0.41%)

SGH

41.45

41.30

(0.36%)

Asmak

23.88

23.80

(0.34%)

Najran Cement

8.02

8.00

(0.25%)

Trade Union

19.00

18.98

(0.11%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Alamiya

30.25

31.00

+2.48%

Alinma Tokio Marine

19.58

19.76

+0.92%

Petrochem

28.20

28.45

+0.89%

Wafa

12.10

12.20

+0.83%

ACIG

18.16

18.30

+0.77%

Nama

26.30

26.50

+0.76%

Shams

30.80

31.00

+0.65%

Arriyadh Development

17.00

17.10

+0.59%

Albilad

25.65

25.80

+0.58%

Alawwal

14.30

14.38

+0.56%

STC

81.80

82.20

+0.49%

Bahri

31.15

31.30

+0.48%

Saudi Printing

18.02

18.10

+0.44%

Tawuniya

52.70

52.90

+0.38%

Riyad

16.44

16.50

+0.36%

SAPTCO

14.52

14.56

+0.28%

Yanbu Cement

22.44

22.50

+0.27%

SARCO

45.80

45.90

+0.22%

Mobily

18.56

18.60

+0.22%

Petro Rabigh

25.45

25.50

+0.20%

 

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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