How did Tadawul shares fare during auction time today?

17/09/2018 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. 17 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,605

7,610

+5

Value Traded

 (SAR mln)

2,869

2,879

+10

Volume Traded

(mln shares)

141.5

142.0

+0.5

Number of transactions

96,552

97,292

+740

 

The Index added 5 points during the auction period, with a value traded of SAR 10 million in 740 transactions, increasing daily gains to 140 points. 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

Al Ahsa

9.96

9.89

(0.70%)

Ma’aden

50.50

50.20

(0.59%)

Zain

6.27

6.24

(0.48%)

Eastern Cement

20.30

20.22

(0.39%)

SPM

11.94

11.90

(0.34%)

Leejam

49.60

49.45

(0.30%)

SAPTCO

14.24

14.20

(0.28%)

MedGulf

13.10

13.08

(0.15%)

Dallah

66.20

66.10

(0.15%)

Alawwal

14.06

14.04

(0.14%)

Jabal Omar

38.25

38.20

(0.13%)

Bupa Arabia

96.60

96.50

(0.10%)

Al Tayyar

21.44

21.42

(0.09%)

Trade Union

22.04

22.02

(0.09%)

Nama

24.10

24.08

(0.08%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Savola Group

29.00

29.50

+1.72%

SAFCO

76.50

77.50

+1.31%

Arabian Cement

19.20

19.44

+1.25%

Ma’adaniya

18.00

18.20

+1.11%

Al Alamiya

36.40

36.80

+1.10%

Care

43.30

43.70

+0.92%

Zamil

20.00

20.16

+0.80%

Electrical Industries

18.72

18.86

+0.75%

ANB

31.25

31.45

+0.64%

Herfy

43.00

43.20

+0.47%

Chemical

32.30

32.45

+0.46%

AXA

22.00

22.10

+0.45%

Al Babtain

22.56

22.66

+0.44%

STC

81.20

81.50

+0.37%

Takaful Al Rajhi

54.70

54.90

+0.37%

Arabian Shield

17.90

17.96

+0.34%

Al Sagr

12.12

12.16

+0.33%

Albilad

24.32

24.40

+0.33%

Alhokair Group

19.14

19.20

+0.31%

SISCO

12.96

13.00

+0.31%

 

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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