8 things to watch on Tadawul today

Tadawul trading screen

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

1) Development Works Food Co. refiled a request for transition from the Nomu-Parallel Market to the main market, through the automated system set by the financial market for this purpose.

2) stc announced the completion of institutional and retail subscription to 20% of the shares of its subsidiary, Arabian Internet and Communications Services Co. (solutions by stc).

3) The board of directors of Dallah Healthcare Co. recommended the distribution of cash dividends at SAR 0.5 per share, or 5% of the capital, for the first half of 2021.

4) Seera Group Holding's board of directors approved appointed acting CEO Majed bin Ayed Alnefaie as CEO, starting from Oct. 1.

5) Najran Cement Co.’s board of directors recommended distributing a 7.5% cash dividend, at SAR 0.75 per share, for the first half of 2021.

6) Al Kathiri Holding Co.’s wholly-owned subsidiary, Msandh El Emdad Company Ltd, obtained the real estate developer certificate from the Off-plan Sales or Rent Program (Wafi).

7) Jadwa Investment started, on Sept. 22, the secondary offering of its Jadwa REIT Saudi Fund.

8) Brent crude on Friday gained 84 cents to reach $78.09 per barrel. WTI crude also increased 68 cents to reach $73.98/bbl.