10 things to watch on Tadawul today

02/08/2021 Argaam Special

Tadawul trading screen


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

1) Bank Albilad reported a net profit of SAR 808.8 million in the first half of 2021, up 38% year-on-year (YoY).

2) Sahara International Petrochemical Co. (Sipchem) turned to a net profit after Zakat and tax of SAR 1.2413 billion for H1 2021.

3) Al-Qura Cement Co. reported a net profit after Zakat and tax of SAR 49.5 million in H1 2021, down 17% YoY.

4) Riyad Bank reported a net profit of SAR 2.865 billion in H1 2021, up 13% YoY.

5) Banque Saudi Fransi reported a net profit of SAR 1.549 billion for H1 2021, a 38% rise YoY.

6) Alinma Bank posted a net profit of SAR 1.352 billion for H1 2021, a rise of 43% YoY.

7) Saudi Company for Hardware (SACO) reported a net profit after Zakat and tax of SAR 30.1 million in H1 2021, a 33% decrease YoY.

8) Saudi British Bank (SABB) board of directors declared a 5% cash dividend for H1 2021, at SAR 0.5 per share, totaling SAR 1.027 billion.

9) Alinma Bank’s board of directors declared a 3.5% cash dividend, at SAR 0.35 per share, for H1 2021, amounting to SAR 695.74 million.

10) Brent crude on Monday declined $1.06 to reach $74.35 per barrel. WTI crude also decreased 88 cents to reach $73.07/bbl.


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