10 things to watch on Tadawul today

Tadawul tarding screen

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

1) Astra Industrial Group reported a net profit after Zakat and tax of SAR 105.2 million in the first half of 2021, an 80% increase year-on-year (YoY).

2) Nama Chemicals Co. swung to a net profit after Zakat and tax of SAR 19.5 million in H1 2021.

3) Maharah Human Resources Co. reported a net profit after Zakat and tax of SAR 70 million for H1 2021, a 34% decrease YoY.

4) Al-Etihad Cooperative Insurance Co. posted a net profit of SAR 26.8 million for H1 2021, down 41% YoY.

5) Saudi National Bank’s (SNB) board of directors declared a 6.5% cash dividend, at SAR 0.65 per share, for the first half of 2021, amounting to SAR 2.9107 billion.

6) Red Sea International Co. deepened net loss after Zakat and tax by 18.5% to SAR 62.1 million for H1 2021.

7) Al Moammar Information Systems Co. (MIS) signed a memorandum of understanding (MoU) with Saudi Fransi Capital to establish a private investment fund with an initial target size of SAR 150 million.

8) Ataa Educational Co. inked an agreement to acquire the entire shares of Arabian Education and Training Group Holding Co. for a total value of SAR 138 million.

9) Raydan Food Co.'s subscription to new shares and rights trading began Aug. 9, to increase capital from SAR 225 million to SAR 337.5 million.

10) Brent crude on Tuesday gained 23 cents to reach $69.27 per barrel. WTI crude also increased 42 cents to reach $66.90/bbl.