10 things to watch on Tadawul today

29/10/2020 Argaam Special


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

 

1) Savola Group reported a net profit after Zakat and tax of SAR 866.1 million for the first nine months of 2020, a 156% year-on-year (YoY) increase.

 

2) Saudi Industrial Services Co. (SISCO) reported a net profit after Zakat and tax of SAR 111.2 million for 9M 2020, a 147.7% YoY increase.

 

3) Umm Al-Qura Cement Co. reported a net profit after Zakat and tax of SAR 91.4 million for 9M 2020, an increase of 73% YoY.

 

4) Takween Advanced Industries Co. narrowed net loss after Zakat and tax to SAR 2.6 million for 9M 2020.

 

5) Middle East Paper Co. (MEPCO) reported a net profit after Zakat and tax of SAR 16 million for 9M 2020.

 

6) Alujain Holding Corp. reported net profit after Zakat and tax of SAR 152.5 million for 9M 2020.

 

7) Abdulmohsen Alhokair Group for Tourism and Development widened its net loss after Zakat and tax to SAR 105.2 million for 9M 2020.

 

8) Bawan Co. reported net profit after Zakat and tax of SAR 60.2 million, a more than two-fold jump YoY, for 9M 2020.

 

9) National Gypsum Co. reported a net profit after Zakat and tax of SAR 32.2 million for 9M 2020.

 

10) Brent crude on Thursday remained flat at $39.12 per barrel while WTI crude increased 7 cents to reach $37.46/bbl.

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