6 things to watch on Tadawul today

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

1) Saudi Cement Co. reported a net profit after Zakat and tax of SAR 222.1 million for the first half of 2020, a marginal decrease of 1% year-on-year (YoY).

2) Herfy Food Services Co. reported net loss after Zakat and tax of SAR 9.1 million for H1 2020.

3) Southern Province Cement Co. reported a net profit after Zakat and tax of SAR 318 million for H1 2020, a 51% rise YoY.

4) Tihama Advertising and Public Relations Co. announced the resignation of Mazen Al Abd Aljabbar from the audit committee due to personal reasons.

5) Qassim Cement Co. reported a net profit after Zakat and tax of SAR 196.6 million for H1 2020, a 56% rise YoY.

6) Brent crude on Tuesday gained 24 cents to reach $45.23 per barrel. WTI Crude also increased 35 cents to reach $42.29/bbl.