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Tadawul awaits important events this week

Tadawul awaits important events this week
Photo Credit: Arabianeye-Reuters
SAMBA
1090
4.62% 38.50 1.70
ALAKARIA
4020
89.08% 22.50 10.60
SAUDI ELECTRICITY
5110
12.54% 19.92 2.22

SAB
1060
13.43% 39.70 4.70
Default Company
1050.B
0.00% 0.00 0.00
STC
7010
-5.19% 39.25 -2.15

Default Company
1180.O
0.00% 0.00 0.00

Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of events this week, between 30 April and 4 May, led by the launching of Jadwa REIT Al Haramin.

The listing and trading of Jadwa Investment's real estate investment traded fund (Jadwa REIT Al Haramain) will begin on Sunday 30 April.

The REIT will be traded through the symbol 4332 in the REIT sector, with a 10% daily price fluctuation limit per unit.

Meanwhile, a number of listed companies will begin the distribution of cash dividends to their respective shareholders for 2016, while other companies will be holding their general assembly meetings.

Saudi Real Estate, Saudi Electricity, Sahara Petrochemicals, and Southern Province Cement will begin the distribution of dividends, while Samba Financial Group, Tourism Enterprises, Yanbu Cement, Saudi Industrial Export, and GASCO will be holding their general meeting.

On Monday, Saudi Telecommunications Company (STC) will begin the distribution of cash dividends for the fourth quarter of 2016 at SAR 1 per share.

Saudi Electricity Company and National Commercial Bank (NCB) will be holding their respective general assembly meetings on Wednesday 3 May.

Similarly, SABB and Banque Saudi Fransi will begin the distribution of cash dividends to their shareholders on Thursday 4 May.