Tadawul Review:

Tadawul All Share Index (TASI) declined on Sunday, falling -132 points (-1.1%) to close at ‎‎11,412. The index opened slightly higher, up 2 points from the previous close, but gradually ‎lost ground throughout the session. All 21 sectors ended in the red, with 198 stocks ‎declining and only 41 advancing. The Materials (-2.3%), Banks (-0.5%), and ‎Telecommunications (-2.6%) sectors were the biggest drags on the index. Key contributors ‎to the decline included Aramco (-1.0%), ACWA Power (-2.3%), and Maaden (-4.1%). Trading ‎activity slowed, with volume dropping -20% to 193 million shares and value down -30% to ‎SAR 3.5 billion.‎

 

 

Market Wrap International:

Key U.S. economic events this week include the release of the March Trade Balance on Tuesday, May 6, followed by the Federal Reserve’s interest rate decision on Wednesday, May 7. Both will be closely watched for insights into trade dynamics and the Fed’s stance on monetary policy.

On Tuesday, May 6, 2025, several key economic indicators are scheduled for release in Europe. The HCOB Eurozone Composite and Services PMIs for April will provide insights into the region’s economic activity. Simultaneously, the S&P Global Composite PMI for the UK will offer a snapshot of the UK’s economic performance. Additionally, the Eurozone’s Producer Price Index (PPI) for March is set to be released, with the previous annual reading at 3.0%.

On Friday, May 9, 2025, China is set to release several key economic indicators for April: The Consumer Price Index (CPI), Producer Price Index (PPI), and Trade Balance figures.