8 things to watch on Tadawul today

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

1) Yanbu National Petrochemical Co. (Yansab) reported net profit after Zakat and tax of SAR 1.196 billion for 9M 2021, compared to SAR 344.9 million in the year-ago period.

2) Saudi Ceramic Co. reported a net profit after Zakat and tax of SAR 186.7 million for 9M 2021, a sharp rise from SAR 49.7 million in the same period last year.

3) Fawaz Abdulaziz Alhokair Co. and Arabian Centres Co. announced the developments regarding the acquisition of 51% of an e-commerce platform for SAR 138 million.

4) Saudi Paper Manufacturing Co.'s (SPM) board of directors approved increasing the company's capital through rights issue worth SAR 145 million.

5) Abdulmohsen Alhokair Group for Tourism and Development announced that it will operate banquet halls, meeting rooms and all hotel facilities at full capacity.

6) The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) announced the prospectus for its capital increase through a rights issue of SAR 420 million.

7) Al Moammar Information Systems (MIS) said it has amended the target date to publish financial results for Q3 2021 to Oct. 25 instead of Nov. 25.

8) Brent crude on Tuesday lost 0.05 cents to reach $84.28 per barrel (bbl). WTI crude increased 0.03 cents to reach $82.47/bbl.