Here are a few things you need to know as Saudi stocks start trading on Wednesday.
1) United Electronics Company (eXtra) reported a net profit after zakat and tax of SAR 106.3 million for the first half of 2019, a 58.2 percent year-on-year (YoY) increase.
2) Najran Cement Co. renewed its cement export license for one year as of July 9, 2019, the company said in a statement to Tadawul.
3) Zahrat Al Waha For Trading Co. has received the central warehousing buildings with a capacity of 22,000 square meters, the company said in a bourse filing.
4) United Electronics Company’s (eXtra) board of directors decided on July 8 to pay a 10 percent cash dividend (SAR 1 per share) for the first half of fiscal year 2019.
5) Brent crude on Wednesday gained 59 cents to reach $64.75/bbl, while WTI crude also increased 76 cents to reach $58.59/bbl.
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