How did Tadawul shares fare during auction time today?

23/12/2018 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.23 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,732

7,731

(1)

Value Traded

 (SAR mln)

2,852

2,883

+31

Volume Traded

(mln shares)

114.6

115.7

+1.1

Number of transactions

100,864

101,587

+723

 

The Index shed 1 point during the auction period, with a value traded of SAR 31 million in 723 transactions, widening daily losses to 23 points. The volume traded represented 1.1 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

Dar Al Arkan

8.96

8.90

(0.67%)

NCB

47.20

46.95

(0.53%)

L’Azurde

16.00

15.92

(0.50%)

Al Rajhi

86.20

85.80

(0.46%)

Amana

25.55

25.45

(0.39%)

Advanced

51.90

51.70

(0.39%)

SACO

65.20

65.00

(0.31%)

Takween

9.72

9.70

(0.21%)

MEPCO

19.62

19.58

(0.20%)

Albilad

25.55

25.50

(0.20%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

UCA

11.62

11.98

+3.10%

Arabian Cement

23.00

23.60

+2.61%

Al Ahsa Development

9.91

10.10

+1.92%

MedGulf

16.50

16.80

+1.82%

AXA

22.32

22.68

+1.61%

BATIC

38.00

38.50

+1.32%

Aljazira Takaful

17.78

17.98

+1.12%

Al Yamamah Steel

14.34

14.50

+1.12%

SRMG

82.20

82.90

+0.85%

Dur

19.04

19.20

+0.84%

 

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.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read