5 things to watch on Tadawul today

18/11/2018 Argaam

 

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

 

1) Saudi Arabia has launched four incentive packages to further boost its economic growth next year, Mohammed Al Tuwaijri, the Kingdom’s Minister of Economy and Planning, said 

 

2) Dallah Healthcare Co. has extended a joint venture (JV) agreement with AWJ Investment Co. to build and operate a hospital in Jeddah for seven months.

 

3) The Saudi Stock Exchange (Tadawul) announced that the shares of the National Company for Learning and Education (NCLE) will be listed today.

 

4) Middle East Specialized Cables Co.’s (MESC) has narrowed its accumulated losses to SAR 10.32 million, or 2.6 percent of capital as of Nov.4, 2018, mainly due to its capital cut.

 

5) Saudi Arabia’s Index of Industrial Production (IIP) rose 5.8 percent year-on-year (YoY) to 137.87 points in Q2 2018, with 2010 used as the base year, data from the General Authority for Statistics (GASTAT) showed.

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