"Weekly Watch" provides a snapshot of the key events, economic data, and earnings reports expected to influence the financial markets in the US and Saudi Arabia over the upcoming week, allowing you to stay ahead and capture market opportunities in advance.

Saudi Market Overview

As the new trading week approaches, Saudi market participants should prepare for significant corporate actions, dividend distributions, and macroeconomic updates that could shape market sentiment and investment decisions.

Sunday, December 1

Dallah Healthcare Co.(4004.SA),  Al Hammadi Holding(4007.SA), SEDCO Capital REIT Fund(4344.SA), and Al Taiseer Group Talco Industrial Co.(4143.SA)  will distribute cash dividends.

Alandalus Property Co.(4320.SA) will have eligibility for cash dividends.

On the IPO front,  Jana Medical Co. (JANA) will be listed on Nomu. NICE ONE will start its IPO book-building process on TASI. Balsm Alofoq Medical will start offering on Nomu, and DRC ( 9621) will close its offering on Nomu.

Monday, December 2

Sahara International Petrochemical Co.(2310.SA)  will have eligibility for cash dividends.

Walaa Cooperative Insurance Co.(8060.SA)  will start its IPO book-building process. Walaa Cooperative Insurance Co.(8060.SA)'s shareholders approved the board's recommendation to increase capital by 49.97% via a rights issue during the extraordinary general meeting (EGM) held on Nov. 26.

Abdullah Saad Mohammed Abo Moati for Bookstores Co.(4191.SA)  will hold an extraordinary general meeting.

Tuesday, December 3

Raoom Trading Co(9529.SA) will distribute cash dividends.

Alinma Saudi Government Sukuk ETF(9404.SA)  will hold an ordinary assembly meeting.

S&P Global will release the Riyad Bank Saudi Arabia Composite PMI (Nov).

Wednesday, December 4

Electrical Industries Co.(1303.SA), Dr. Sulaiman Al Habib Medical Services Group(4013.SA), and Scientific and Medical Equipment House Co.(4014.SA) will hold an ordinary general meeting. Sumou Real Estate Co.(4323.SA) will convene an extraordinary general meeting.

Scientific and Medical Equipment House Co.(4014.SA) will have eligibility for cash dividends.

Almoosa Health will start the retail offering on TASI.

DRC (9621) will have its final allocation date on Nomu.

Thursday, December 5

AYYAN Investment Co.(2140.SA) will hold an extraordinary general meeting.

Leejam Sports Co.(1830.SA)  will convene an ordinary general meeting.

OPEC will hold its meeting.

Theeb Rent a Car Co.(4261.SA)  will distribute cash dividends.

Balsm Alofoq Medical will close its offering on Nomu.

U.S. Market Overview

Key earnings reports and financial events in the US to monitor are as follows:

Monday

Economic Data: S&P Global US Manufacturing PMI (Nov), ISM Manufacturing PMI (Nov), ISM Manufacturing Prices (Nov), Fed Waller Speech, Fed Williams Speech, Fed's Balance Sheet.

No notable earnings

Tuesday

Economic Data: JOLTS Job Openings (Oct), Fed Kugler Speech, Fed Golsbee Speech, API Weekly Crude Oil Stock.

Earnings: Donaldson Company, Inc.(DCI.US), Salesforce.com, inc.(CRM.US), Marvell Technology Group Ltd.(MRVL.US), Okta, Inc. Class A(OKTA.US),  Box, Inc. Class A(BOX.US).

Wednesday

Economic Data:  ADP Nonfarm Employment Change (Nov), S&P Global Composite PMI (Nov), S&P Global Services PMI (Nov), Factory Orders (MoM) (Oct), ISM Non-Manufacturing PMI (Nov), ISM Non-Manufacturing Prices (Nov), Crude Oil Inventories, Fed Chair Powell Speaks, Beige Book.

Earnings: Chewy(CHWY.US), Dollar Tree, Inc.(DLTR.US).

Thursday

Economic Data: Initial Jobless Claims, Continuing Jobless Claims, US Exports (Oct), and Imports (Oct).

Earnings:  Lululemon Athletica Inc(LULU.US), Kroger Co.(KR.US), DOCUSIGN INC(DOCU.US), GITLAB INC.(GTLB.US),  UiPath, Inc.(PATH.US).

Friday

Economic Data: Non-Farm Payrolls (Nov), Unemployment Rate (Nov), Average Hourly Earnings MoM (Nov), Average Hourly Earnings YoY (Nov), Participation Rate (Nov), Fed Golsbee Speech, Fed Hammack Speech, Fed Daly Speech.

No notable earnings.

Good luck with your trading!