6 things to watch on Tadawul today

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

1) Bupa Arabia for Cooperative Insurance Co.’s shareholders have approved a 50 percent capital hike to SAR 1.2 billion from SAR 800 million through bonus shares.

2) Abdulmohsen Alhokair group for Tourism and Development Co. (Al Hokair Group) opened a new shopping and entertainment mall in Riyadh, Al Hokair Time.

3) Al-Babtain Power & Telecommunication Co. has inked a SAR 135.4 million contract with the National Energy Services Company (Tarshid) to supply and install LED light bulbs.

4) Tabuk Cement Co. signed a memorandum of understanding (MoU) with International Tataloat Co. to export 6,000 tons of cement to Yemen.

5) Abdullah A. M. Al-Khodari Sons Co. narrowed net losses after zakat and tax by 35.2 percent year-on-year (YoY) to SAR 24.1 million in the first nine months of 2018.

6) Saudi International Petrochemical Co. (Sipchem) resumed operations at its International Methanol Co. (IMC) after completing the scheduled maintenance yesterday.