Here are a few things you need to know as Saudi stocks start trading on Wednesday.
1) Savola Group reported net profit after zakat and tax of SAR 116.6 million in the first half of 2019.
2) Tourism Enterprise Co. (Shams) reported a net profit after zakat and tax of SAR 1.5 million for H1 2019, against a net loss of SAR 3.3 million a year earlier.
3) Tabuk Agricultural Development Co. (TADCO) reported SAR 90.2 million in net losses in the first half of 2019.
4) Etihad Atheeb Telecommunication Co. (GO) expects to publish financial statements by September-end.
5) Riyad REIT Fund will pay a 2.52 percent cash dividend for the first half of 2019.
6) Swicorp Wabel REIT Fund reported a net profit of SAR 26.35 million for the first half of 2019.
7) The Saudi Stock Exchange (Tadawul) extended the closing auction and trade-at-last sessions for 20 minutes each on August 27.
8) Brent crude gained 31 cents to reach $60.34 per barrel while WTI Crude was up 13 cents to $56.34/bbl on Wednesday.
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