10 things to watch on Tadawul today

03/11/2021 Argaam Special

Tadawul trading screen


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

1) Alujain Holding Corp. reported a net profit after Zakat and tax of SAR 209 million for the first nine months of 2021, up 37% year-on-year (YoY).

2) National Medical Care Co. (Care) reported a net profit after Zakat and tax of SAR 99.6 million for 9M 2021, a 32% increase YoY.

3Al Hassan Ghazi Ibrahim Shaker Co. (Shaker) reported a net profit after Zakat and tax of SAR 27.6 million in 9M 2021.

4Southern Province Cement Co. reported a net profit after Zakat and tax of SAR 353 million in 9M 2021, a drop of 25% YoY.

5) Saudi Cement Co. reported a net profit after Zakat and tax of SAR 264.5 million for 9M 2021, a 20% decline YoY.

6Najran Cement Co. posted a net profit after Zakat and tax of SAR 129.5 million for 9M 2021, up 8% YoY.

7) Al-Etihad Cooperative Insurance Co. reported a net profit of SAR 33 million for 9M 2021, a 54% decline YoY.

8) Arabian Shield Cooperative Insurance Co. reported a net profit of SAR 25 million for 9M 2021, up 4% YoY.

 

9) Middle East Specialized Cables (MESC) swung to a net loss after Zakat and tax of SAR 5.5 million in 9M 2021.

10Brent crude on Wednesday declined $1.12 to reach $83.60 per barrel. WTI crude also decreased $1.38 to reach $82.53/bbl.


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