Weekly Watch | US PCE & US-Iran Talks in Focus; Nvidia Event, MU & FDX Earnings Ahead; Saudi Dividends Reminder: SHL (1183), RETAL (4322) And FLYNAS (4264)

MIAHONA
ALHAMMADI
TALCO
LEEJAM SPORTS
LUMI

MIAHONA

2084.SA

0.00

ALHAMMADI

4007.SA

0.00

TALCO

4143.SA

0.00

LEEJAM SPORTS

1830.SA

0.00

LUMI

4262.SA

0.00

"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.

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Next Week Overview

In the Saudi market, Tadawul All Shares Index(TASI.SA)  rose 0.1%, or 6 points, to close at 11,121 on June 18. Market participants continued monitoring developments in US-Iran negotiations and their potential impact on oil markets. The Kingdom is set to release April trade data next Thursday.

On the individual stock front, investors should pay close attention to the dividend events of BinDawood Holding Co.(4161.SA) , Makkah Construction and Development Co.(4100.SA) , SHL Finance Co.(1183.SA) , Arabian Pipes Co.(2200.SA) , Shatirah House Restaurant Co.(6016.SA) and Qassim Cement Co.(3040.SA) .

Regarding US equities, markets posted mixed weekly performance, pressured by the Fed's hawkish June signal and sticky inflation data, while SpaceX(SPCX.US)  shares have risen over 40% since its IPO. Goldman Sachs maintained its S&P 500 year-end target at 8,000, citing 24% EPS growth as the key driver. US-Iran talks scheduled for Friday were canceled. Next week, focus shifts to the Summer Davos Forum in Dalian (June 23–25), NVIDIA Corporation(NVDA.US) 's shareholder meeting, PCE and GDP data, and earnings from FedEx Corporation(FDX.US)  and Micron Technology, Inc.(MU.US) .

The following are the details:

Saudi Market Overview 

Note: All dates provided are estimates based on company announcements and are subject to change at any time, earlier or later.

Market Calendar (21-25 June 2026)
EventCompany
21 June 2026
Extraordinary general meetingLumi Rental Co.(4262.SA) 
Extraordinary general meeting (capital hike)Al-Rajhi Company for Cooperative Insurance(8230.SA) 
Ordinary assembly meetingMeyar Co.(9565.SA) , Al Gassim Investment Holding Co.(6020.SA) 
Eligibility for bonus sharesAl-Rajhi Company for Cooperative Insurance(8230.SA) 
Cash Dividend DistributionFuture Care Trading Co(9544.SA) , BinDawood Holding Co.(4161.SA) 
22 June 2026
Ordinary assembly meetingNatural Gas Distribution Co.(9516.SA) , Morabaha Marina Financing Co.(4082.SA)  , Al Sagr Cooperative Insurance Co.(8180.SA) , Arabian Pipes Co.(2200.SA) , WSM for Information Technology Co.(9595.SA) , Emaar The Economic City(4220.SA) , SHL Finance Co.(1183.SA) , Arabian Food and Dairy Factories Co.(9536.SA) 
Extraordinary general meetingAlbattal Factory for Chemical Industries Co.(9623.SA) , Saudi Chemical Co.(2230.SA) , Cherry Trading Co.(4265.SA) 
Eligibility for Cash DividendSHL Finance Co.(1183.SA) , Arabian Pipes Co.(2200.SA) , Natural Gas Distribution Co.(9516.SA) , Cherry Trading Co.(4265.SA) 
reportsGeneral Authority For Statistics
Cash Dividend DistributionMakkah Construction and Development Co.(4100.SA) 
23 June 2026
Ordinary assembly meetingWaja Co.(9560.SA) , Dar Alarkan Real Estate Development Co.(4300.SA) , Bawan Co.(1302.SA) , Saudi Parts Center Co.(9533.SA) , Fourth Milling Co.(2286.SA) , Gulf General Cooperative Insurance Co.(8260.SA) , Takween Advanced Industries Co.(1201.SA) 
The American Petroleum Institute (API) report on the US crude oil inventories - WeeklyAmerican Petroleum Institute
Cash Dividend DistributionAlramz Real Estate Co.(4327.SA) 
24 June 2026
Ordinary assembly meetingNeft Alsharq Company for Chemical Industries(9605.SA) , Leen Alkhair Trading Co.(9555.SA) , United Cooperative Assurance Co.(8190.SA) , ARTEX Industrial Investment Co.(2340.SA) , Dallah Healthcare Co.(4004.SA) , Service Equipment Co.(9633.SA) , Tabuk Agricultural Development Co.(6040.SA) , Sinad Holding Co.(4080.SA) , Munawla Cargo Co.(9571.SA) 
Extraordinary general meetingShatirah House Restaurant Co.(6016.SA) , Sport Clubs Co.(6018.SA) , Halwani Bros. Co.(6001.SA) , Saudi Top for Trading Co.(9552.SA) , Naf Company for Feed for Industry(9644.SA) 
Eligibility for Cash DividendShatirah House Restaurant Co.(6016.SA) 
Cash Dividend DistributionQassim Cement Co.(3040.SA) 
EIA Report on US crude oil and petroleum inventories – WeeklyE.I.A
Close of offeringMSGA Investment Co.(9655.SA) 
25 June 2026
Ordinary assembly meetingKnowledge Net Co.(9561.SA) , Altharwah Albashariyyah Co.(9606.SA) , Taqat Mineral Trading Co.(9599.SA) , MOBI Industry Co.(9517.SA) , Amana Cooperative Insurance Co.(8310.SA) , Arabian Company for Agricultural and Industrial Investment(2287.SA) , Advance International Company for Communication and Informat(9524.SA) , Middle East Paper Co.(1202.SA) , Abdulaziz and Mansour Ibrahim Albabtin Co.(9549.SA) , Balady Poultry Co.(9559.SA) , Saudi Steel Pipe Co.(1320.SA) , United Mining Industries Co.(9583.SA) , Najran Cement Co.(3002.SA) , Armah Sports Co.(9590.SA) 
Extraordinary general meetingBasma Adeem Medical Co.(9626.SA) , Retal Urban Development co.(4322.SA) , Flynas Co.(4264.SA) 
Extraordinary general meeting (capital hike)Multi Business Group Co.(9619.SA) 
Eligibility for Cash DividendAbdulaziz and Mansour Ibrahim Albabtin Co.(9549.SA) , Saudi Steel Pipe Co.(1320.SA) 
Cash Dividend DistributionSaudi Cement Co.(3030.SA) , National Shipping Company of Saudi Arabia(4030.SA) , Fad International Co.(9589.SA) 
Eligibility for bonus sharesMulti Business Group Co.(9619.SA) 

U.S. Market Overview

Earnings Calendar

DateCompanyEPS ConsensusEPS Previous
2026-06-23FedEx Corporation(FDX.US) 5.966.07
Carnival Corporation Ltd.(CCL.US) 0.460.35
KB Home(KBH.US) 0.81.50
Worthington Enterprises, Inc.(WOR.US) 1.131.06
2026-06-24Micron Technology, Inc.(MU.US) 10.811.91
Paychex, Inc.(PAYX.US) 1.341.19
Korn Ferry(KFY.US) 1.371.32
Herman Miller, Inc.(MLHR.US) 0.610.60
2026-06-25Darden Restaurants, Inc.(DRI.US) 3.592.98
TD SYNNEX Corporation(SNX.US) 3.422.99
McCormick & Company, Incorporated(MKC.US) 0.720.69
Acuity Inc.(AYI.US) 5.295.12
Commercial Metals Company(CMC.US) 1.940.74
Actuant Corporation Class A(ATU.US) 0.530.51
Lindsay Corporation(LNN.US) 1.881.78
Winnebago Industries, Inc.(WGO.US) 1.040.81

Economic Data Calendar

DateEconomic Events
2026-06-23
  • ADP Employment Change Weekly
  • S&P Global Composite PMI Flash
  • S&P Global Manufacturing PMI Flash
  • S&P Global Services PMI Flash
  • API Crude Oil Stock Change
2026-06-24
  • MBA 30-Year Mortgage Rate
  • Current Account
  • New Home Sales
  • New Home Sales MoM
  • EIA Crude Oil Stocks Change
  • EIA Gasoline Stocks Change
  • Fed Bank Stress Test Results
2026-06-25
  • Core PCE Price Index MoM
  • Durable Goods Orders MoM
  • GDP Growth Rate QoQ Final
  • Personal Income MoM
  • Personal Spending MoM
  • Chicago Fed National Activity Index
  • Durable Goods Orders Ex Transp MoM
  • GDP Price Index QoQ Final
  • Initial Jobless Claims
  • PCE Price Index MoM
  • PCE Price Index YoY
  • Fed Goolsbee Speech
2026-06-26
  • Goods Trade Balance Adv
  • Retail Inventories Ex Autos MoM Adv
  • Wholesale Inventories MoM Adv
  • Michigan Consumer Sentiment Final

Note: US calendars are in Eastern Standard Time (EST).

Wishing you successful trading and prosperous investment decisions in the week ahead!