10 things to watch on Tadawul today

26/10/2021 Argaam Special


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

 

1) Al Moammar Information Systems Co. (MIS) reported a net profit after Zakat and tax of SAR 45.5 million for the first nine months of 2021, falling 29% year-on-year (YoY).

 

2Mobile Telecommunication Company Saudi Arabia (Zain KSA) posted a net profit after Zakat and tax of SAR 143 million for 9M 2021, a 36% decline YoY.

 

3Zahrat Al Waha for Trading Co. reported a net profit after Zakat and tax of SAR 44.1 million for 9M 2021, a 65% increase YoY.

 

4Saudi Arabian Mining Co. (Maaden) turned to a net profit after Zakat and tax of SAR 3.1375 billion in 9M 2021.

 

5Alinma Bank posted a net profit of SAR 2.090 billion for 9M 2021, a rise of 33% YoY.

 

6) Arab National Bank (ANB) reported a net profit of SAR 1.72 billion for 9M 2021, down 4% YoY.

 

7) Saudi Fransi Capital distributes cash dividend to Taleem REIT Fund unitholders for the period from July 1 to Sept. 30, at SAR 0.12 per unit, or 1.2% of the initial price per unit.

 

8Saudi Aramco and TotalEnergies launched the first two service stations of their joint retail network in Riyadh and Saihat in the Eastern Province.

 

9) Dr. Sulaiman Al Habib Medical Services Group’s board of directors approved to sign and award the contract for enabling and structural works for Al Muhammadiyah Hospital.

 

10) Brent crude on Tuesday gained 13 cents to reach $86.12 per barrel. WTI crude also increased 4 cents to reach $83.80/bbl.

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