Here are a few things you need to know as Saudi stocks start trading on Tuesday.
1) Advanced Petrochemical Co. (Advanced) commenced commercial operations of the polypropylene plant in South Korea.
2) Allianz Saudi Fransi Cooperative Insurance Co. (Allianz SF) turned to a net profit of SAR 2.4 million for the first quarter of 2021.
3) Jabal Omar Development Co. widened its net loss after Zakat and tax to SAR 345.3 million for Q1 2021.
4) Saudi Enaya Cooperative Insurance Co. (Saudi Enaya) widened losses to SAR 21.9 million for Q1 2021.
5) Buruj Cooperative Insurance Co.’s net loss decreased to SAR 8.4 million in Q1 2021.
6) Malath Cooperative Insurance Co. reported a net loss of SAR 2.5 million for Q1 2021.
7) Alinma Tokio Marine Co. narrowed net losses to SAR 1.5 million for Q1 2021.
8) United Cooperative Assurance Co.’s (UCA) net loss before Zakat widened to SAR 29 million in Q1 2021.
9) Saudi Research and Marketing Group (SRMG) announced changing the company’s name to Saudi Research and Media Group.
10) Brent crude on Tuesday gained 20 cents to reach $69.66 per barrel. WTI crude also increased 21 cents to reach $66.48/bbl.
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