How did Tadawul shares fare during auction time today?

11/09/2018 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 Sept. 11 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,693

7,693

--

Value Traded

 (SAR mln)

1,974.4

1,983.9

+10

Volume Traded

(mln shares)

79.3

79.7

+0.4

Number of transactions

70,893

71,468

+575

 

The Index remained unchanged during the auction period, with a value traded of SAR 10 million in 575 transactions. 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

Red Sea

16.06

15.90

(1.00%)

Gulf Union

14.30

14.18

(0.84%)

L’Azurde

16.90

16.80

(0.59%)

Bupa Arabia

96.50

96.00

(0.52%)

Leejam

50.20

50.00

(0.40%)

Steel Pipe

20.88

20.80

(0.38%)

Alujain

30.60

30.50

(0.33%)

Al Jouf Agriculture

23.06

23.00

(0.26%)

Al Rajhi

84.40

84.20

(0.24%)

Chemanol

10.76

10.74

(0.19%)

Tawuniya

55.10

55.00

(0.18%)

BCI

22.20

22.16

(0.18%)

Saudi Chemical

32.55

32.50

(0.15%)

SGS

35.20

35.15

(0.14%)

SACO

72.60

72.50

(0.14%)

Dar Al Arkan

9.11

9.10

(0.11%)

Electrical Industries

19.04

19.02

(0.11%)

Alinma

19.96

19.94

(0.10%)

SIECO

216.60

216.40

(0.09%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Cable

24.18

24.42

+0.99%

Walaa

23.92

24.10

+0.75%

Advanced Industries

12.40

12.48

+0.65%

eXtra

55.40

55.70

+0.54%

Shams

30.75

30.90

+0.49%

Southern Cement

33.65

33.80

+0.45%

Aljazira

13.72

13.78

+0.44%

Aldrees

27.85

27.95

+0.36%

Samba

28.70

28.80

+0.35%

SABB

31.50

31.60

+0.32%

SASCO

15.14

15.18

+0.26%

Mouwasat

82.00

82.20

+0.24%

Aljazira Takaful

19.00

19.04

+0.21%

AICC

20.10

20.14

+0.20%

Wafa

11.98

12.00

+0.17%

Savola

30.55

30.60

+0.16%

Buruj

24.44

24.48

+0.16%

Alandalus

15.44

15.46

+0.13%

SAFCO

77.80

77.90

+0.13%

SARCO

40.05

40.10

+0.12%

 

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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