7 things to watch on Tadawul today

Tadawul trading screen

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

1) Saudi National Bank (SNB) reported a net profit of SAR 5.526 billion for the first half of 2021, a rise of 12% year-on-year (YoY).

2) Saudi Basic Industries Corp. (SABIC) reported a net profit after Zakat and tax of SAR 12.5 billion for H1 2021.

3) Saudi Steel Pipe Co. narrowed its net loss after Zakat and tax to SAR 16.6 million for H1 2021.

4) Bawan Co.'s board of directors recommended a 7.5% cash dividend for H1 2021, at SAR 0.75 per share, amounting to SAR 45 million.

5) Al Rajhi Capital announced the distribution of 2.8% cash dividend to Al Rajhi REIT Fund’s unit holders for H1 2021, at SAR 0.28 per unit, amounting to SAR 45.32 million.

6) Abdullah Saad Mohammed Abo Moati for Bookstores Co.’s board of directors recommended a 5% cash dividend for the fiscal year ended March 31, 2021, at SAR 0.50 per share, amounting to SAR 10 million.

7) Brent crude on Sunday gained 31 cents to reach $75.41 per barrel. WTI crude also increased 33 cents to reach $73.95/bbl.