6 things to watch on Tadawul today

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

1) Alawwal Bank's net profit tumbled 18.7 percent year-on-year (YoY) to SAR 820.6 million in the first nine months of 2018, driven by a 5.9 percent decline in total operating income.

2) Lazurde Company for Jewelry reported a net profit of SAR 17.6 million, declining 39.2 percent year-on-year (YoY) in the first nine months of 2018.

3) Saudi Cement Co.’s net profit after zakat and tax fell 20.3 percent year-on-year (YoY) to SAR 275.7 million in the first nine months of 2018, on low sales.

4) Eastern Province Cement Co.'s net profit after zakat and tax fell 55.6 percent year-on-year (YoY) to SAR 44 million in the first nine months of 2018.

5) United Electronics Co.’s (eXtra) online sales have increased around 53 percent year-on-year (YoY) year-to-date (YTD), chief executive Mohamed Galal said.

6) Middle East Paper Co.’s (MEPCO) board of directors has recommended a 5 percent cash dividend for the first half of 2018, at SAR 0.5 per share, amounting to SAR 25 million.