10 things to watch on Tadawul today

Here are a few things you need to know as Saudi stocks start trading on Monday.

1) Qassim Cement Co. reported a net profit of SAR 216.6 million for the first nine months of 2019, an increase of over twofold from SAR 81.24 million a year earlier.

2) Saudi Basic Industries Corp (SABIC) reported a 65.24 percent decline in net profits during the first nine months 2019 to SAR 6.36 billion compared to SAR 18.3 billion posted during the same period in 2018.

3) National Industrialization Co. (Tasnee) reported a net profit after zakat and tax of SAR 497.5 million for the first nine months of 2019, a 51.05 percent year-on-year (YoY) decrease.

4) Riyad Bank reported a net profit of SAR 4.5 billion for the first nine months of 2019 as compared to SAR 2.7 billion in the same period last year, an increase of 66 percent year-on-year (YoY).

5) The National Agricultural Development Company (NADEC) reported a net profit after zakat and tax of SAR 52.7 million for the first nine months of 2019, a 6.3 percent year-on-year (YoY) increase.

6) United International Transportation Co. Ltd.’s (Budget Saudi) board of directors recommended a 5 percent cash dividend for the first half of 2019, at SAR 0.5 per share, amounting to SAR 35.58 million.

7) Arabian Cement Co. reported a net profit after zakat and tax of SAR 135 million for the first nine months of 2019, against a net loss of SAR 42.5 million a year earlier.

8) Herfy Food Services Co. reported a net profit after zakat and tax of SAR 146.45 million for the first nine months of 2019, a decline of 3.5 year-on-year (YoY).

9) Dallah Healthcare Co. reported a net profit of SAR 77.1 million for the first nine months of 2019, a 29.46 percent year-on-year decline.

10) Brent crude on Monday declined 12 cents to reach $61.90 per barrel whereas WTI Crude also decreased 17 cents to reach $56.49/bbl.