7 things to watch on Tadawul today

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

1) Bupa Arabia for Cooperative Insurance Co. reported a net profit before Zakat and tax of SAR 738.78 million for the first nine months of 2020, a 30% year-on-year (YoY) increase.

2) Dr. Sulaiman Al Habib Medical Group’s subsidiary, North of Riyadh for Healthcare Company, signed a long-term Sharia-compliant credit facility of SAR 2.17 billion with Saudi British Bank (SABB).

3) Nama Chemicals Co.’s net loss after Zakat and tax widened by 113.3% YoY to SAR 20.6 million for 9M 2020.

4) Al Jouf Cement Co. posted a net profit after Zakat and tax of SAR 30.7 million in 9M 2020.

5) Al Moammar Information Systems Co. (MIS) secured a three-year contract, valued at SAR 39.9 million, by the Ministry of Health.

6) Alkhabeer REIT Fund will pay a 1.5% cash dividend for the period from July 1 until Sept. 30, 2020, at SAR 0.15 per unit, amounting to SAR 15.45 million.

7) Brent crude on Friday declined 32 cents to reach $37.94 per barrel. WTI crude also decreased 38 cents to reach $35.79/bbl.