Tadawul Review:  

Tadawul All Share Index (TASI) rose on Sunday, gaining ‎‎71 points (+0.6%) to close at the 11,316 level. TASI ‎opened 5 points lower than the previous close, then ‎gradually increased throughout the session until the ‎close. In general, 18 out of 21 sectors closed in the green ‎zone, and 169 shares rose while 76 fell. Utilities (+5.8%), ‎Materials (+0.7%), and Banks (+0.1%) sectors ‎contributed the most to the index rise. Stockwise, ‎ACWA Power (+8.0%), Maaden (+2.4%), and Aramco ‎‎(+0.4%) were the major contributors. The trading ‎activity witnessed a decrease in volume and value of -‎‎31% and -23%, respectively, to reach 215mn shares and ‎SAR4.3bn in value traded.‎

 

 

 

 

 

Market Wrap International:

This week brings a series of important economic updates across key regions. On Tuesday, July 8, China will release its June CPI. The spotlight then shifts to the U.S. on Wednesday, July 9, with the release of the FOMC Meeting Minutes. Germany’s CPI for June is set for Thursday, July 10, and UK GDP data for May is expected on Friday, July 11, providing further insight into the health of the European and British economies.