How did Tadawul shares fare during auction time today?

21/11/2018 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.21 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,511

7,514

+3

Value Traded

 (SAR mln)

2,794

2,812

+18

Volume Traded

(mln shares)

1,18.8

119.6

+0.8

Number of transactions

101,412

102,149

+737

 

The Index added 3 points during the auction period, with a value traded of SAR 18 million in 737 transactions, increasing daily gains to 9 points. The volume traded represented 0.6 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

SABB

31.70

31.20

(1.58%)

Maadaniya

17.62

17.48

(0.79%)

Yansab

66.50

66.00

(0.75%)

Qassim Cement

34.35

34.20

(0.44%)

Aljazira

13.94

13.88

(0.43%)

Salama

14.80

14.74

(0.41%)

AICC

18.16

18.10

(0.33%)

Emaar

7.94

7.92

(0.25%)

Advanced

50.10

50.00

(0.20%)

Alasmak

27.35

27.30

(0.18%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Enaya

26.90

27.25

+1.30%

Almarai

45.75

46.30

+1.20%

Al Ahli Takaful

25.70

26.00

+1.17%

AlAbdullatif

11.08

11.20

+1.08%

BATIC

37.30

37.60

+0.80%

Yamama Cement

13.40

13.50

+0.75%

Malath

11.38

11.46

+0.70%

Alawwal

14.40

14.50

+0.69%

Amiantit

5.80

5.84

+0.69%

Riyad Bank

16.70

16.80

+0.60%

 

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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