Money and business

5 important events that investors in the Saudi market “Tadawul” are awaiting on Tuesday

Investors in the Saudi Stock Exchange (Tadawul) are awaiting a set of important events affecting market movement and stock performance on Tuesday, on the dates announced by official sources.

We review 5 important events that investors are closely anticipating, and which constitute factors influencing investment decisions and market trends.

Tuesday, January 7th, witnesses the end of the right to distribute cash for the Alinma REIT Retail Fund to its policyholders at a rate of 0.17 riyals per unit, representing 1.7% of the asset value for the second half of the last fiscal year 2024.

The eligibility period for holders of Alinma REIT Hotel Fund policies for its cash distribution also ends at 0.32 riyals, representing 3.2% of the asset value for the second half of the last fiscal year 2024.

The right to cash distribution of Banan Real Estate Company “Banan” to its shareholders also comes to an end, after the company’s Board of Directors decided in mid-December to distribute 0.035 riyals (3.5 halalas) per share for the first half of the last fiscal year 2024, representing 3.5% of the nominal value of the share. .

Also on the same day, the surplus from the IPO process for Shumu Al Madi Company will be returned, as it began on Tuesday, December 24, 2024, with 1.4 million shares, representing 14.89% of the company’s capital after the offering, and continued until the end of last December, 2024.

Event in the global economy

Also on Tuesday, the American Petroleum Institute’s weekly report on US oil inventories will be released.

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