How did Tadawul shares fare during auction time today?

27/11/2018 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.27 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,577

7,573

(4)

Value Traded

 (SAR mln)

2,469

2,482

+13

Volume Traded

(mln shares)

104.4

105.0

+0.6

Number of transactions

103,534

104,347

+813

 

The Index dropped 4 points during the auction period, with a value traded of SAR 13 million in 813 transactions, reducing daily gains to 45 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

Buruj

23.82

23.52

(1.26%)

SABB

32.00

31.70

(0.94%)

Jadwa REIT Saudi

8.65

8.60

(0.58%)

Aljazira REIT

15.90

15.82

(0.50%)

BSF

33.15

33.00

(0.45%)

Saudi German Hospitals

33.70

33.60

(0.30%)

SAPTCO

14.24

14.20

(0.28%)

SAFCO

78.90

78.70

(0.25%)

Catering

83.40

83.20

(0.24%)

Al Tayyar

20.64

20.60

(0.19%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SPM

12.10

12.18

+0.66%

Al Jouf Cement

7.83

7.88

+0.64%

SIDC

8.32

8.37

+0.60%

Wafrah

16.80

16.90

+0.60%

QACO

10.84

10.90

+0.55%

Northern Cement

8.38

8.41

+0.36%

Shaker

8.69

8.72

+0.35%

AICC

17.64

17.70

+0.34%

SACO

91.60

91.90

+0.33%

Al Rajhi Takaful

63.10

63.30

+0.32%

 

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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