10 things to watch on Tadawul today

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

1) Saudi Aramco announced the establishment of an integrated corporate development organization to optimize the company's portfolio.

2) Basic Chemical Industries Co. (BCI) reported a net profit after Zakat and tax of SAR 21.2 million for the first half of 2020, an increase of 35% year-on-year (YoY).

3) Al-Omran Industrial Trading Co. reported net profit after Zakat and tax of SAR 1.66 million for H1 2020, a decline of 12% YoY.

4) Dur Hospitality Co. reported a 93% slump in net profit after Zakat and tax of SAR 941,000 for H1 2020.

5) Al Abdullatif Industrial Investment Co. reported a net loss after Zakat and tax of SAR 20.8 million for H1 2020.

6) Qassim Cement Co.’s board of directors recommended a 10% cash dividend, at SAR 1 per share, for the second quarter of 2020.

7) Etihad Atheeb Telecommunication Co. (GO) narrowed net loss after Zakat and tax by 61.5% YoY to SAR 12.3 million for the three-month period ending June 30, 2020.

8) Alkhaleej Training and Education Co. reported net profit after Zakat and tax of SAR 9.1 million for H1 2020.

9) Wafrah for Industry and Development Co. reported a net profit after Zakat and tax of SAR 651,000 for H1 2020, a 21% YoY decline.

10) Brent crude on Monday remained unchanged at $44.35 per barrel. WTI Crude decreased 3 cents to reach $42.31/bbl.