How did Tadawul shares fare during auction time today?

03/12/2018 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 Dec.3 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,916

7,917

+1

Value Traded

 (SAR mln)

4,365

4,386

+21

Volume Traded

(mln shares)

158.5

159.3

+0.8

Number of transactions

137,460

138,244

+784

 

The Index added 1 point during the auction period, with a value traded of SAR 21 million in 784 transactions, increasing daily gains to 72 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

Riyad

17.68

17.54

(0.79%)

Astra

15.88

15.82

(0.38%)

Petrochem

26.80

26.70

(0.37%)

Arabian Shield

17.96

17.90

(0.33%)

Al Rajhi Takaful

67.20

67.00

(0.30%)

Qassim Cement

34.90

34.80

(0.29%)

SAIB

17.50

17.46

(0.23%)

NCLE

19.56

19.52

(0.20%)

SACO

104.00

103.80

(0.19%)

Ceramic

21.64

21.60

(0.18%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Alawwal

14.80

14.98

+1.22%

Mefic REIT

8.65

8.75

+1.16%

Wataniya

23.80

24.00

+0.84%

Tawuniya

60.20

60.60

+0.66%

Advanced Industries

12.50

12.58

+0.64%

Hail Cement

8.06

8.10

+0.50%

Printing & Packaging

17.30

17.38

+0.46%

Al Khodari

6.94

6.97

+0.43%

Trade Union

25.80

25.90

+0.39%

Malath

12.00

12.04

+0.33%

 

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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