Tadawul trading screen
Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Middle East Healthcare Co. (Saudi German Health) reported a net profit after Zakat and tax of SAR 35.6 million for the nine-month period ended Sept. 30, 2021, a fall of 51% year-on-year (YoY).
2) Al-Jouf Agricultural Development Co. reported a net profit after Zakat and tax of SAR 10.6 million for 9M 2021, down 59% YoY.
3) Abdulmohsen Alhokair Group for Tourism and Development deepened its net loss after Zakat and tax to SAR 123.9 million in 9M 2021.
4) The Saudi Exchange (Tadawul) announced the delisting of shares of Abdullah A. M. Al-Khodari Sons Co. with symbol 1330 as of the end of Nov. 4.
5) Saudi Electricity Co. turned to a net profit of SAR 9.166 billion, after deduction of Mudaraba distribution, in 9M 2021.
6) Fitaihi Holding Group's net profit after Zakat and tax skyrocketed to SAR 154 million for 9M 2021.
7) Alandalus Property Co. posted a net profit after Zakat and tax of SAR 57.6 million for 9M 2021.
8) The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) turned to a net loss of SAR 11.8 million for 9M 2021.
9) AXA Cooperative Insurance Co. reported a net income of SAR 100 million for 9M 2021, a decline of 5% YoY.
10) Brent crude on Monday gained 94 cents to reach $83.68 per barrel. WTI crude also increased 95 cents to reach $82.22/bbl.
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