10 things to watch on Tadawul today

22/03/2021 Argaam Special


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

 

1) Al-Hassan Ghazi Ibrahim Shaker Co. (Shaker) reported a net profit after Zakat and tax of SAR 9.5 million for 2020.

 

2) Saudi Arabian Oil Co. (Saudi Aramco) posted a 44% fall in net profit after Zakat and tax to SAR 183.76 billion for 2020.

 

3) SABB Takaful Co. widened net loss before Zakat to SAR 26.5 million for 2020.

 

4) Arabia Insurance Cooperative Co. (AICC) turned to a net profit before Zakat of SAR 12.3 million in 2020.

 

5) The Company for Cooperative Insurance’s (Tawuniya) net profit before Zakat jumped 28% to SAR 514.5 million for 2020.

 

6) Chubb Arabia Cooperative Insurance Co. reported a net profit before Zakat of SAR 40.8 million in 2020, an increase of 15% year-on-year (YoY).

 

7) Saudi Aramco’s board of directors announced cash dividend at SAR 0.35 per share, amounting to SAR 70.33 billion ($18.76 billion), for the fourth quarter of 2020.

 

8) Dallah Healthcare Co. signed a contract worth SAR 58.4 million with Hashem Contracting and Trading Co. for technical developments in the main building of Dallah Hospital Al-Nakheel.

 

9) Al Mashaar REIT Fund completed the sale and purchase agreement to acquire a commercial property iOffices in Riyadh for a total value of SAR 135 million.

 

10) Brent crude on Monday declined 37 cents to reach $64.16 per barrel. WTI crude also decreased 21 cents to reach $61.21/bbl.

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