10 things to watch on Tadawul today

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

1) National Commercial Bank (NCB) reported a net profit of SAR 4.922 billion in H1 2020, a drop of 10% from SAR 5.461 billion a year earlier.

2) Banque Saudi Fransi (BSF) reported a net profit after Zakat and tax of SAR 1.119 billion in H1 2020, compared to a net profit of SAR 1.720 billion a year earlier.

3) Bank Albilad reported a marginal decline year-on-year (YoY) in net profit to SAR 588.1 million for H1 2020.

4) Yamama Cement Co. reported a net profit after Zakat and tax of SAR 171.8 million for H1 2020, a 39% YoY increase.

5) Saudia Dairy & Foodstuff Company (SADAFCO) reported a net profit after Zakat and tax of SAR 70.4 million for Q1 2020, a rise of 21% YoY.

6) Saudi Company for Hardware (SACO) reported a net profit after Zakat and tax of SAR 44.86 million for H1 2020, a 9.6% YoY increase.

7) Zahrat Al Waha For Trading Co. reported a net profit after Zakat and tax of SAR 19.5 million for H1 2020, a rise of 1.36% YoY.

8) Hail Cement Co. reported a net profit after Zakat and tax of SAR 62 million in H1 2020, compared to a net profit of SAR 20.6 million a year earlier.

9) Arabian Cement Co. reported a net profit after Zakat and tax of SAR 52.7 million, a 29% decline YoY.

10) Brent crude dipped 0.3% to reach $43.20 per barrel, while WTI crude dropped 0.2% to reach $41.19/bbl on Monday morning.