How did Tadawul shares fare during auction time today?

30/08/2018 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)

7,941

7,948

+7

Value Traded

 (SAR mln)

1,908

1,958

+50

Volume Traded

(mln shares)

86.0

87.8

+1.8

Number of transactions

72,815

74,059

+1,244

 

The Index rose 7 points during the auction period, with a value traded of SAR 50 million in 1,244 transactions, reducing daily losses to 70 points. The volume traded represented 2.6 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

SAFCO

68.90

68.00

(1.31%)

MEPCO

22.92

22.66

(1.13%)

Saudi Kayan

17.98

17.78

(1.11%)

SABB Takaful

20.00

19.80

(1.00%)

BSF

31.75

31.45

(0.94%)

Wafa

11.70

11.60

(0.85%)

Takween

11.18

11.12

(0.54%)

Metlife AIG

19.00

18.90

(0.53%)

Al Rajhi

85.40

85.10

(0.35%)

Samba

28.80

28.70

(0.35%)

Dar Al-Arkan

10.02

9.99

(0.30%)

Mouwasat

85.00

84.80

(0.24%)

Herfy

44.00

43.90

(0.23%)

eXtra

57.40

57.30

(0.17%)

Al Alamiya

31.00

30.95

(0.16%)

SABIC

126.20

126.00

(0.16%)

Al-Yamamah Steel

17.58

17.56

(0.11%)

Dur

20.00

19.98

(0.10%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Budget Saudi

29.60

30.40

+2.70%

Yamama Cement

14.38

14.68

+2.09%

Nadec

32.20

32.85

+2.02%

Qassim Cement

34.05

34.65

+1.76%

Arabia Insurance

19.54

19.88

+1.74%

Shaker

9.29

9.43

+1.51%

SACO

76.00

77.00

+1.32%

Al-Zamil

20.82

21.08

+1.25%

Al Rajhi Takaful

57.30

58.00

+1.22%

Saudi Cement

41.45

41.95

+1.21%

Al-Hammadi

29.10

29.45

+1.20%

Halwani

50.20

50.80

+1.20%

Malath

13.44

13.60

+1.19%

Savola

30.45

30.80

+1.15%

Northern Cement

8.90

9.00

+1.12%

Aslak

16.16

16.34

+1.11%

Yanbu Cement

22.24

22.48

+1.08%

Jabal Omar

36.60

36.95

+0.96%

SAICO

12.58

12.70

+0.95%

Yansab

71.10

71.70

+0.84%

 

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

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
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.

Most Read