8 things to watch on Tadawul today

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

1) Saudi Aramco will supply its customers with 8.5 million barrels per day (bpd) of crude oil starting May 1.

2) Banque Saudi Fransi’s (BSF) board of directors approved to repurchase a maximum of 3 million treasury shares under the Employees Long Term Incentive Program (LTIP).

3) National Gypsum Co.'s shareholders approved the board of directors' recommendation on paying cash dividend at 3.5% of capital, or SAR 0.35 a share, for the fiscal year 2019.

4) The board of directors of Saudi Industrial Investment Group Co. (SIIG) recommended distributing 5% cash dividend for the first half of 2020, at SAR 0.50 per share, amounting to SAR 225 million.

5) National Medical Care Co.’s (Care) shareholders approved the board of directors' recommendation on paying cash dividend at 20% of capital, or SAR 2 per share, for FY2019.

6) Taleem REIT Fund distributed a cash dividend for the period starting Jan. 1, 2020 to March 31, 2020, at SAR 0.16 per unit, or 1.6% initial price per unit.

7) Several companies, including Dur Hospitality Co., Al Hassan Ghazi Ibrahim Shaker (Shaker), Dr. Sulaiman Al Habib Medical Group, Arabian Pipes Co. (APC), Dallah Healthcare Co., and Saudi Industrial Export Co. (SIECO) said that the government’s precautionary measures to contain COVID-19 outbreak will have a negative impact on the operations and revenue.

8) Brent crude on Friday gained 26 cents to reach $28.08 per barrel whereas WTI Crude decreased $1.60 to reach $18.27/bbl.