How did Tadawul shares fare during auction time today?

25/12/2018 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.25 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,719

7,718

(1)

Value Traded

 (SAR mln)

2,443

2,462

+19

Volume Traded

(mln shares)

113.2

114.1

+0.9

Number of transactions

93,252

93,990

+738

 

The Index dropped 1 point during the auction period, with a value traded of SAR 19 million in 738 transactions, widening daily losses to 47 points. The volume traded represented 0.8 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

Dur

18.52

18.30

(1.19%)

AICC

16.72

16.56

(0.96%)

MedGulf

16.40

16.32

(0.49%)

Wafrah

16.44

16.36

(0.49%)

ARDCO

17.60

17.52

(0.45%)

Saudi Ceramic

19.44

19.36

(0.41%)

Sahara

15.14

15.08

(0.40%)

MetLife AIG ANB

24.00

23.92

(0.33%)

Riyad

19.60

19.54

(0.31%)

Walaa

21.30

21.24

(0.28%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Amana

21.80

22.20

+1.83%

Aljazira Takaful

17.68

17.86

+1.02%

Saudi Re

7.85

7.92

+0.89%

Petro Rabigh

18.70

18.86

+0.86%

Gulf Union

14.00

14.10

+0.71%

Al Tayyar

19.76

19.90

+0.71%

SIDC

8.15

8.20

+0.61%

Halwani

46.05

46.30

+0.54%

Alabdullatif

11.10

11.16

+0.54%

National Gypsum

12.00

12.06

+0.50%

 

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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