10 things to watch on Tadawul today

Tadawul trading screen

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

1) Lazurde Company for Jewelry swung to a net profit after Zakat and tax of SAR 26 million for the first nine months of 2021.

2) City Cement Co. reported a net profit after Zakat and tax of SAR 153.8 million in 9M 2021, a decline of 6% year-on-year (YoY).

3) Saudi Industrial Development Co. (SIDC) widened net losses after Zakat and tax to SAR 11.8 million in 9M 2021.

4) National Agricultural Development Co. (NADEC) completed the construction works on the second phase of the 30 megawatts (MW) solar energy project in Haradh.

5) Jazan Energy and Development Co. (JAZADCO) reported a net profit after Zakat and tax of SAR 12.2 million in 9M 2021, an increase of 27% YoY.

6) Thob Al-Aseel Co. reported a net profit after Zakat and tax of SAR 52 million for 9M 2021, a decline of 31% YoY.

7) Development Works Food Co.’s board of directors approved the appointment of Ashry Al-Ashry as new Chairman and Anas Al-Amoud as Vice Chairman.

8) Tihama Advertising and Public Relations Co. announced the renewal of Sharia-compliant credit facilities agreement with Saudi National Bank (SNB), with a value of SAR 20 million.

9) SABB Takaful announced the extension of the current group creditors policy with a related party, The Saudi British Bank (SABB), for three months.

10) Brent crude on Tuesday gained 25 cents to reach $84.96 per barrel. WTI crude also increased 16 cents to reach $84.21/bbl.