10 things to watch on Tadawul today

02/08/2021 Argaam Special

Tadawul trading screen


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

 

1) Bank Albilad reported a net profit of SAR 808.8 million in the first half of 2021, up 38% year-on-year (YoY).

 

2) Sahara International Petrochemical Co. (Sipchem) turned to a net profit after Zakat and tax of SAR 1.2413 billion for H1 2021.

 

3) Al-Qura Cement Co. reported a net profit after Zakat and tax of SAR 49.5 million in H1 2021, down 17% YoY.

 

4) Riyad Bank reported a net profit of SAR 2.865 billion in H1 2021, up 13% YoY.

 

5) Banque Saudi Fransi reported a net profit of SAR 1.549 billion for H1 2021, a 38% rise YoY.

 

6) Alinma Bank posted a net profit of SAR 1.352 billion for H1 2021, a rise of 43% YoY.

 

7) Saudi Company for Hardware (SACO) reported a net profit after Zakat and tax of SAR 30.1 million in H1 2021, a 33% decrease YoY.

 

8) Saudi British Bank (SABB) board of directors declared a 5% cash dividend for H1 2021, at SAR 0.5 per share, totaling SAR 1.027 billion.

 

9) Alinma Bank’s board of directors declared a 3.5% cash dividend, at SAR 0.35 per share, for H1 2021, amounting to SAR 695.74 million.

 

10) Brent crude on Monday declined $1.06 to reach $74.35 per barrel. WTI crude also decreased 88 cents to reach $73.07/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.