6 things to watch on Tadawul today

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

1) National Company for Learning and Education (NCLE) has allocated a minimum of ten shares per subscriber in its initial public offering (IPO).

2) Jarir Marketing Co.’s board of directors has recommended a 23.5 percent cash dividend for the third quarter of 2018, at SAR 2.35 per share, amounting to SAR 282 million.

3) Alandalus Property Co. has put Panorama Jeddah project on hold, after reconsidering the project’s feasibility study.

4) Abdullah A. M. Al-Khodari Sons Company’s shareholders are set to vote on a proposed capital hike, on Nov. 27, 2018.

5) Saudi Arabian Amiantit Co.'s net loss after zakat and tax widened by 69 percent year-on-year to SAR 91.7 million in the first nine months of 2018, compared to a loss of SAR 54.3 million during the same period last year.

6) National Industrialization Co. (Tasnee) is in talks with a strategic investor to sell Cristal’s Ashtabula complex, chief financial officer Fawaz Al-Fawaz said.