How did Tadawul shares fare during auction time today?

31/12/2018 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.31 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,825

7,827

+2

Value Traded

 (SAR mln)

1,962

1,994

+32

Volume Traded

(mln shares)

74.1

75.3

+1.2

Number of transactions

82,553

83,539

+986

 

The Index rose by 2 points during the auction period, with a value traded of SAR 32 million in 986 transactions, increasing daily gains to 17 points. The volume traded represented 1.6 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

BATIC

38.45

38.00

(1.17%)

Samba

31.65

31.40

(0.79%)

Jadwa REIT

8.75

8.70

(0.57%)

Aldrees

37.20

37.00

(0.54%)

SAIB

17.18

17.12

(0.35%)

BSF

31.50

31.40

(0.32%)

Saudi Ceramic

19.50

19.44

(0.31%)

Saudi Kayan

13.24

13.20

(0.30%)

Al Waha

41.00

40.90

(0.24%)

Musharaka REIT

8.35

8.33

(0.24%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Advanced

49.55

50.50

+1.92%

UCA

11.76

11.88

+1.02%

Malath

12.10

12.22

+0.99%

Bonyan REIT

8.30

8.37

+0.84%

Yanbu Cement

23.80

24.00

+0.84%

Almarai

47.60

48.00

+0.84%

Alawwal

15.00

15.10

+0.67%

Kingdom Holding

7.76

7.80

+0.52%

SIIG

22.78

22.88

+0.44%

Al Tayyar

19.92

20.00

+0.40%

 

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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