5 things to watch on Tadawul today

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

1) Halwani Bros. Co.’s shareholders will vote on the board of directors’ recommendation of a cash dividend for FY2020, at SAR 1.5 per share, or 15% of capital, totaling SAR 47.14 million.

2) Gulf Union Cooperative Insurance Co. sold 5,453 fractional shares on Dec. 10, 2020 at SAR 19.87 per share for a total of SAR 108,326.48.

3) Al Kathiri Holding Co.’s subsidiary, Alian Industry Co., secured certification from the Saudi Standards, Metrology and Quality Organization (SASO).

4) SABIC Agri-Nutrients Co. opened, on Jan.6, nominations for the board membership for the vacant seat created after Article 17 of the company’s bylaw was amended to ensure eight board members.

5) Brent crude on Thursday gained 37 cents to reach $54.67 per barrel. WTI crude also increased 42 cents to reach $51.05/bbl.