5 things to watch on Tadawul today

21/11/2018 Argaam

 

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

 

1) Al Sagr Cooperative Insurance Co. has inked an agreement with Mahara Human Resources Co. at a total value of SAR 19.9 million.

 

2) Al Kathiri Holding Co.'s wholly owned subsidiary has won a contract worth SAR 10.42 million to provide concrete barriers to Royal Saudi Air Force.

 

3) AlBaha Investment and Development Co. accumulated losses have dropped below 20 percent to SAR 35.36 million as on September 30, 2018.

 

4) Qualified foreign investors (QFIs) increased their stakes in 38 Tadawul-listed firms on Thursday, Nov. 15, while 56 companies saw foreign investors cutting stakes, market data compiled by Argaam showed.

 

5) Saudi Arabia’s oil exports rose 3 percent year-on-year (YoY) to 7.43 million barrels per day (mbd) in September 2018.

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