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Tadawul trading screen
Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Almarai Co. reported a net profit after Zakat and tax of SAR 1.277 billion for 9M 2021, a 23% decline from SAR 1.648 billion in the same period last year.
2) Advanced Petrochemical Co. reported an estimated net profit after Zakat and tax of SAR 654 million for 9M 2021, a rise of 57% year-on-year (YoY).
3) Methanol Chemicals Co. (Chemanol) turned to net profit after Zakat and tax of SAR 164.2 million in 9M 2021, compared to a net loss of SAR 262.3 million a year earlier.
4) Alandalus Property Co.'s board of directors recommended a 2.5% cash dividend, at SAR 0.25 per share, for first half of 2021.
5) Mulkia Gulf Real Estate REIT Fund will pay a 1.3% cash dividend for Q3 2021 at SAR 0.13 per unit, amounting to SAR 8.85 million.
6) National Medical Care Co. canceled its contract with Tabrak Najed Contracting Co. (TNC), based on the recommendation of Riyadh Care Hospital and the Engineering Supervision Office.
7) Al Hammadi Company for Development and Investment extended the duration of the agreement to acquire 35% of Sudair Pharmaceutical Co. (SPC) for one month.
8) AYYAN Investment Co. signed an agreement to amend the share purchase agreement to acquire non-controlling stakes in Al-Ahsa Medical Services Co.
9) Brent crude gained $1.27 cents to reach $83.66 per barrel (bbl). WTI crude also increased $1.53 to reach $80.88/bbl.
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