How did Tadawul shares fare during auction time today?

19/11/2018 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 Nov.19 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,554

7,560

+6

Value Traded

 (SAR mln)

2,769

2,781

+12

Volume Traded

(mln shares)

120.2

120.8

+0.6

Number of transactions

97,974

98,590

+616

 

The Index added 6 points during the auction period, with a value traded of SAR 12 million in 616 transactions, increasing daily gains to 63 points. The volume traded represented 0.4 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 Waha

37.00

36.20

(2.16%)

Arabian Shield

17.74

17.50

(1.35%)

QACO

10.40

10.34

(0.58%)

Saudi Enaya

27.00

26.85

(0.56%)

Dur

20.00

19.94

(0.56%)

Al Baha

21.26

21.20

(0.30%)

Al Jouf Cement

7.96

7.94

(0.28%)

Mobily

16.50

16.46

(0.25%)

NCLE

19.48

19.44

(0.24%)

SVCP

49.20

49.10

(0.21%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Alawwal

14.48

14.76

+1.93%

ACIG

17.06

17.26

+1.17%

SPM

11.72

11.84

+1.02%

Shaker

8.72

8.80

+0.92%

Al Jouf Agriculture

22.12

22.30

+0.81%

BATIC

37.85

38.15

+0.79%

Red Sea

14.00

14.10

+0.71%

AICC

18.16

18.28

+0.66%

Wafrah

16.18

16.28

+0.62%

MetLife AIG

19.48

19.60

+0.62%

 

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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