7 things to watch on Tadawul today

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

1) Alawwal Bank said that creditor objection period for the merger with the Saudi British Bank (SABB) will end June 15, 2019, according to a bourse statement.

2) Saudia Dairy and Foodstuff Co.’s (SADAFCO) ordinary general assembly approved on June 11 the board report, financial statements and audit report for the fiscal year ending on March 31.

3) AlMa’athar REIT Fund has retreated from an acquisition deal of 16 assets worth SAR 552 million, fund manager Osool & Bakheet Investment Co. said in a statement to Tadawulon Tuesday.

4) Al Jouf Cement Co.’s ordinary general assembly approved on June 11 the board report, financial statements and audit report for fiscal year 2018, it said in a bourse statement.

5) Taiba For Investment Co.'s board of directors has recommended a 4.5 percent cash dividend for Q1 2019, at SAR 0.45 per share, amounting to SAR 72.20 million.

6) Al Ma’athar REIT Fund’s terms and conditions were updated, effective from June 11, fund manager Osool & Bakheet Investment Co. said in a bourse statement on Tuesday.

7) Brent crude on Thursday remained unchanged at $59.97/bbl, while WTI crude declined 2 cents to reach $51.12/bbl.