Here are a few things you need to know as Saudi stocks start trading on Thursday.
1) National Petrochemical Co. (Petrochem) reported a net profit after Zakat and tax of SAR 1.158 billion for the first nine months of 2021.
2) Riyad Bank reported a net profit of SAR 4.408 billion for 9M 2021, an increase of 15% year-on-year (YoY).
3) Savola Group reported a net profit after Zakat and tax of SAR 476.2 million for 9M 2021, a decline of 45% YoY.
4) Umm Al-Qura Cement Co. reported a net profit after Zakat and tax of SAR 61.9 million for 9M 2021, a decrease of 32% YoY.
5) Bank AlJazira reported a net profit of SAR 777.3 million for 9M 2021, a rise of 47% YoY.
6) Banque Saudi Fransi (BSF) reported a net profit of SAR 2.457 billion for 9M 2021, a 69% increase YoY.
7) Saudi Industrial Investment Group (SIIG) signed a binding merger agreement with National Petrochemical Co. (Petrochem).
8) Middle East Paper Co. (MEPCO) reported a net profit after Zakat and tax of SAR 125.85 million for 9M 2021.
9) Saudi Advanced Industries Co. (SAIC) reported a net profit after Zakat and tax of SAR 65.5 million for 9M 2021.
10) Brent crude on Thursday declined $1.94 to reach $82.64 per barrel. WTI crude also decreased $1.72 to reach $80.94/bbl.
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