8 things to watch on Tadawul today

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

1) The Public Investment Fund (PIF) and stc set the final secondary public offering price at SAR 100 per share based on the results of the bookbuilding process.

2) Amana Cooperative Insurance Co. issued a circular, offer document and timetable of its capital hike to complete the merger with Saudi Enaya Cooperative Insurance Co.

3) Herfy Food Services Co. announced that a preliminary court ruling was issued dismissing the labor case filed against it by former managing director Ahmed Hamad Al-Saeed before the Labor Court in Riyadh.

4) Ataa Educational Co. reported a net profit after Zakat and tax of SAR 66.3 million for the first quarter of 2021/2022, ended Oct. 31, 2021.

5) AYYAN Investment Co. announced the completion of the procedures of acquiring non-controlling stakes in its subsidiary Al-Ahsa Medical Services Co.

6) Batic Investments and Logistics Co.’s board of directors approved Arabian Security & Safety Services Co.’s (AMNCO) signing of two contracts at an estimate value of SAR 116.1 million.

7) Development Works Food Co.'s board of directors recommended a capital increase by SAR 216 million through a rights issue.

8) Brent crude on Sunday gained 73 cents to reach $75.15 per barrel while WTI crude increased 73 cents to reach $71.67/bbl.