6 things to watch on Tadawul today

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

1) Mouwasat Medical Services Co.’s board of directors has recommended a 17.5 percent cash dividend for the fiscal year of 2018, at SAR 1.75 per share, amounting to SAR 175 million.

2) Nama Chemicals Co.’s board of directors is mulling capital hike to optimize the interests of the company and shareholders.

3) Al Khaleej Training and Education Co. has inked a SAR 17.85 million worth of contract with Airbus Defense and Space GmbH.

4) The General Court in Riyadh ordered the Saudi Ministry of Housing to pay SAR 8.23 million in compensation to Saudi Automotive Services Co. (SASCO).

5) L'azurde Co. for Jewelry’s board of directors approved on Monday signing a Shariah consultations services agreement with Al Sayari Law and Legal Consultations.

6) Saudi Cement Co. posted a net profit after zakat and tax of SAR 400.5 million for fiscal year 2018, down 11.7 percent year-on-year (YoY) on lower local sales, and higher selling and distribution expenses.