4 things to watch on Tadawul today

  • YC(1.11%)
17/02/2019 Argaam

 

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

 

1) Yamama Cement Co.’s net profit of SAR 7 million has beaten Al Rajhi Capital and consensus estimates, the research firm said in an earnings review.

 

2) Saudi Ceramic Co.’s general assembly, on Wednesday, approved the buyback of 500,000 shares to be allocated under the employee stock option program.

 

3) Etihad Atheeb Telecommunication Co. (GO) said that Riyadh Administrative Court on Feb. 5 rejected its lawsuit to revoke the decision of against the Communications and Information Technology Commission (CITC) on spectrum retrieval.

 

4) Halwani Bros Co. has named Thamer Temairik as chief executive officer effective from April 1, 2019.

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