Tadawul Review:

Tadawul All Share Index (TASI) rose on Sunday, gaining ‎‎74 points (+0.6%) to close at 11,627. The trading session ‎began positively, with a 22-point increase compared to ‎the previous close. The index rose sharply in the ‎opening minutes before giving up some of its gains, but ‎it remained in positive territory until the end of the ‎session. In general, 18 out of 21 sectors closed in the ‎‎green zone, and 199 shares rose while 37 fell. Real ‎Estate ‎‎(+3.8%), Food and beverages (+2.1%), and Energy ‎‎(+0.9%) sectors contributed the ‎most to the index rise. ‎Stockwise, Aramco ‎‎(+1.0%), Jabal Omar (+7.8%), and ‎Almarai (+1.9%) ‎were the major contributors. The ‎trading activity witnessed a decrease in volume and ‎value of -36% and -24%, respectively, to reach 187mn ‎shares and SAR3.6bn in value traded.‎

Market Wrap International:

The S&P Global Manufacturing and Services PMIs for April will be released on Wednesday, April 23. These readings will be closely watched for early signs of economic momentum amid ongoing trade tensions and cost pressures.

The HCOB Manufacturing PMIs for Germany and the Eurozone are scheduled for release on Wednesday, April 23, 2025.

Japan’s core Consumer Price Index (CPI) year-over-year is scheduled for release this Tuesday, April 22, 2025.