10 things to watch on Tadawul today

Tadawul trading screen

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

1) stc reported a net profit after Zakat and tax of SAR 8.698 billion for the first nine months of 2021, a rise of 4% year-on-year (YoY).

2) Takween Advanced Industries Co. reported a net profit after Zakat and tax of SAR 50.4 million for 9M 2021.

3) Yanbu Cement Co. reported a consolidated net profit after Zakat and tax of SAR 149.7 million for 9M 2021, a drop of 29% YoY.

4) National Agricultural Development Co. (NADEC) reported a net loss after Zakat and tax of SAR 7.8 million for 9M 2021.

5) Arriyadh Development Co. (ARDCO) reported a net profit after Zakat and tax of SAR 325.2 million for 9M 2021.

6) Saudia Dairy & Foodstuff Co. (SADAFCO) reported a net profit attributable to shareholders of SAR 92.2 million for the six-month period ended Sept. 30, 2021, a decline of 35% YoY.

7) stc board of directors recommended a 10% cash dividend for the third quarter of 2021, at SAR 1 per share, amounting to SAR 2 billion.

8) Al-Babtain Power and Telecommunication Co. signed a SAR 250 million worth of Murabaha credit facility agreement with Al Rajhi Bank.

9) Saudi Arabian Refineries Co.’s (SARCO) board of directors appointed Maqid Ibrahim Al-Otaibi as Managing Director (MD).

10) Brent crude on Friday gained 92 cents to reach $85.53 per barrel. WTI crude also increased $1.26 to reach $83.76/bbl.