10 things to watch on Tadawul today

27/07/2020 Argaam Special

 

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

 

1) National Commercial Bank (NCB) reported a net profit of SAR 4.922 billion in H1 2020, a drop of 10% from SAR 5.461 billion a year earlier.

 

2) Banque Saudi Fransi (BSF) reported a net profit after Zakat and tax of SAR 1.119 billion in H1 2020, compared to a net profit of SAR 1.720 billion a year earlier.

 

3) Bank Albilad reported a marginal decline year-on-year (YoY) in net profit to SAR 588.1 million for H1 2020.

 

4) Yamama Cement Co. reported a net profit after Zakat and tax of SAR 171.8 million for H1 2020, a 39% YoY increase.

 

5) Saudia Dairy & Foodstuff Company (SADAFCO) reported a net profit after Zakat and tax of SAR 70.4 million for Q1 2020, a rise of 21% YoY.

 

6) Saudi Company for Hardware (SACO) reported a net profit after Zakat and tax of SAR 44.86 million for H1 2020, a 9.6% YoY increase.

 

7) Zahrat Al Waha For Trading Co. reported a net profit after Zakat and tax of SAR 19.5 million for H1 2020, a rise of 1.36% YoY.

 

8) Hail Cement Co. reported a net profit after Zakat and tax of SAR 62 million in H1 2020, compared to a net profit of SAR 20.6 million a year earlier.

 

9) Arabian Cement Co. reported a net profit after Zakat and tax of SAR 52.7 million, a 29% decline YoY.

 

10) Brent crude dipped 0.3% to reach $43.20 per barrel, while WTI crude dropped 0.2% to reach $41.19/bbl on Monday morning.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.