10 things to watch on Tadawul today

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

1) Eastern Province Cement Co. reported a net profit after Zakat and tax of SAR 217 million for 2020, a 20% increase year-on-year (YoY).

2) Ataa Educational Co. reported a net profit after Zakat and tax of SAR 11.3 million for H1 2020/21 ending on Jan. 31, 2021, down 66% YoY.

3) Theeb Rent a Car sets the initial public offering (IPO) price range and start the book-building process for the institutional investors from March 7, 2021.

4) Halwani Bros Co. reported a net profit after Zakat and tax of SAR 100.8 million in 2020.

5) Tabuk Cement Co. reported a net profit after Zakat and tax of SAR 51.6 million in 2020.

6) National Commercial Bank (NCB) is planning to redeem its SAR 2.7 billion Tier 1 sukuk on March 23, 2021, at face value.

7) Saudi Ground Services Co. (SGS) turned to a net loss after Zakat and tax of SAR 454.3 million for 2020.

8) Bawan Co.'s board of directors recommended a 6% cash dividend for the second half of 2020, at SAR 0.60 per share, amounting to SAR 36 million.

9) The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) reported a net profit before Zakat of SAR 54.9 million for 2020.

10) Brent crude on Monday gained $1.47 to reach $70.83 per barrel. WTI crude also increased $1.38 to reach $67.47/bbl.