10 things to watch on Tadawul today

23/03/2021 Argaam Special


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

 

1) Saudi Airlines Catering Co. turned to a net loss after Zakat and tax of SAR 334.7 million in 2020.

 

2) Riyad REIT Fund distributed 2.63% cash dividend to unit holders for H2 2020, at SAR 0.25 per unit, amounting to SAR 42.92 million.

 

3) Saudi Re for Cooperative Reinsurance Co. reported a net profit before Zakat of SAR 60.7 million for 2020, up 2% year-on-year (YoY).

 

4) Arabia Insurance Cooperative Co. (AICC) turned to a net profit before Zakat of SAR 12.3 million in 2020.

 

5) Takween Advanced Industries Co. narrowed net losses after Zakat and tax of SAR 6 million in 2020.

 

6) The Saudi Stock Exchange (Tadawul) delisted Saudi government issued debt instrument (Tadawul code: 5241), worth SAR 10 million, due to maturity.

 

7) Al Rajhi REIT Fund reported a 78% slump YoY in 2020 net profit to SAR 12.5 million (SAR 0.08/unit).

 

8) National Medical Care Co. (Care) reported a net profit after Zakat and tax of SAR 97.3 million for 2020, an increase of 21% YoY.

 

9) Jazan Energy and Development Co. (JAZADCO) signed a loan agreement worth SAR 20.9 million with Agricultural Development Fund (ADF).

 

10) Brent crude on Tuesday declined 67 cents to reach $63.95 per barrel while WTI crude increased 13 cents to reach $61.55/bbl.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.