6 things to watch on Tadawul today

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

1) Arriyadh Development Co. (ARDCO) said that its Real Estate Development Fund signed a memorandum of understanding (MoU) with the Saudi Ministry of Housing to build residential units.

2) Abdullah A. M. Al-Khodari Sons Co. reported net profit after zakat and tax of SAR 1.9 million in the first six months of 2018 against a net loss of SAR 29.6 million a year earlier.

3) National Company for Learning & Education (NCLE) started trading on Nov. 18 under the code 4291, with a daily price fluctuation limit of 10 percent per share.

4) Bupa Arabia on Sunday announced the start of the nomination period for electing a new board of directors for a term of three years.

5) Saudi Arabia’s Communications and Information Technology Commission (CITC) has imposed fines of SAR 14 million on Saudi Telecom Co. (STC), Etihad Etisalat Co. (Mobily)  and Mobile Telecommunication Company Saudi Arabia (Zain Saudi) in Q3 2018.

6) Saudi Arabia will fund all the private sector stimulus initiatives by the end of this year, Al Riyadh newspaper reported, citing Fahad Al-Sukait, head of local content and private sector development unit at the Council of Economic and Development Affairs.