8 things to watch on Tadawul today

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

1) Arab National Bank (ANB) posted a net profit of SAR 2.5 billion for the first nine months of 2019, a rise of 17 percent year-on-year (YoY).

2) Bupa Arabia for Cooperative Insurance Co. reported net profit before zakat of SAR 570.6 million for the first 9 months of 2019, a jump of 31.78 percent year-on-year (YoY).

3) Saudi Indian Company for Cooperative Insurance (Wafa Insurance) expects financial statements of Q2 2019 to be delayed until Dec. 15, 2019.

4) National Gypsum Co. reported a net profit of SAR 1.56 million for the first nine months of 2019, a 67.58 percent, year on year decline, on lower sales higher cost of sales.

5) Saudi Real Estate Co. (Al Akaria) has signed an initial partnership agreement with US Arabian Dream to develop the world’s largest mixed use entertainment and shopping complex in Riyadh.

6) Alkhabeer REIT Fund will pay a 2 percent cash dividend for the third quarter of 2019, at SAR 0.2 per unit, amounting to SAR 13.29 million.

7) Saudi Company for Hardware (SACO) reported a net profit of SAR 55.6 million for the first 9 months of 2019, a fall of 6.4 percent year-on-year (YoY).

8) Brent crude on Friday gained $2.07 to reach $61.69 per barrel whereas WTI Crude also increased $2.02 to reach $61.69/bbl.