9 things to watch on Tadawul today

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

1) Saudi Automotive Services Co. (SASCO) reported net profit after Zakat and tax of SAR 24.1 million in H1 2021, an increase of 92% year-on-year (YoY).

2) Bank Aljazira's board of directors recommended a 3.5% cash dividend for the first half of 2021, at SAR 0.35 per shares, totaling SAR 287 million.

3) National Shipping Company of Saudi Arabia (Bahri) reported a net profit after Zakat and tax of SAR 82.5 million for H1 2021, a plunge of 93% YoY.

4) Saudi Public Transport Co. (SAPTCO) narrowed net loss after Zakat and tax to SAR 95.8 million in H1 2021.

5) SABIC Agri-Nutrients Co. reported a net profit after Zakat and tax of SAR 1.258 billion in H1 2021, an increase of 90% YoY.

6) City Cement Co. reported a net profit after Zakat and tax of SAR 115.7 million in H1 2021, a rise of 5% YoY.

7) Tanmiah Food Co. starts trading on the Saudi Exchange (Tadawul) today, Aug. 4, with the symbol 2281, under the Food & Beverages sector.

8) Saudi Advanced Industries Co. (SAIC) announced that the request submitted by some shareholders, owning 5.06% of the company's capital, seeking the required procedures to dissolve the current board of directors is no longer valid.

9) Brent crude on Wednesday gained 3 cents to reach $72.44 per barrel while WTI crude decreased 13 cents to reach $70.43/bbl.