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 Thursday.

1) Saudi Industrial Services Co. (SISCO) reported a net profit after Zakat and tax of SAR 58.7 million for the first nine months of 2021, down 47% year-on-year (YoY).

2) National Metal Manufacturing and Casting Co. (Maadaniyah) narrowed its net loss after Zakat and tax by 1.6% to SAR 20.7 million for 9M 2021.

3) Northern Region Cement Co. reported a net profit after Zakat and tax of SAR 71.3 million in 9M 2021, up by 13% YoY.

4) Tabuk Cement Co. reported a net profit after Zakat and tax of SAR 17.4 million for 9M 2021, a 55% plunge YoY.

5) SABB Takaful Co. turned to a net profit of SAR 2 million for 9M 2021.

6) Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) reported a net income of SAR 130 million in 9M 2021, declining 27% YoY.

7) Saudi Fisheries Co. (Alasmak) widened its net loss after Zakat and tax to SAR 37.8 million for 9M 2021.

8) The Capital Market Authority (CMA) approved a request by Saudi Tadawul Group Holding Co. to float a 30% stake, or 36 million shares, in an initial public offering (IPO).

9) Bupa Arabia for Cooperative Insurance reported a net profit of SAR 605.6 million for 9M 2021, a decline of 4% YoY.

10) Brent crude on Thursday declined 64 cents to reach $81.35 per barrel. WTI crude also decreased 84 cents to reach $80.02/bbl.