10 things to watch on Tadawul today

Tadawul trading screen

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

1) Saudi Aramco reported an over twofold rise in net profit after Zakat and tax to SAR 291 billion for the first nine months of 2021.

2) Alujain Holding Corp.’s board of directors recommended distributing a 10% cash dividend, or SAR 1 per share, for 2021.

3) Halwani Bros. Co. reported a net profit after Zakat and tax of SAR 65.7 million for 9M 2021, a 19% decline year-on-year (YoY).

4) Mouwasat Medical Services Co. reported a net profit after Zakat and tax of SAR 431.2 million for 9M 2021, up by 12% YoY.

5) National Shipping Company of Saudi Arabia (Bahri) reported a net profit after Zakat and tax of SAR 100.5 million for 9M 2021, a plunge of 93% YoY.

6) Saudi Aramco announced distributing SAR 70.33 billion ($18.76 billion) cash dividend to shareholders for the third quarter of 2021.

7) Nama Chemicals Co. swung to a net profit after Zakat and tax of SAR 24.4 million for 9M 2021.

8) Saudi Industrial Investment Group (SIIG) will shut down Saudi Chevron Phillips (SCP) facility for a 27-day scheduled maintenance and catalyst replacement, as of Nov. 1.

9) Walaa Cooperative Insurance Co. incurred a net loss of SAR 57.5 million for 9M 2021.

10) Brent crude on Monday declined 29 cents to reach $83.43 per barrel. WTI crude also decreased 40 cents to reach $83.17/bbl.