Latest news with #financialanalysts
Asharq Al-Awsat
2 days ago
- Business
- Asharq Al-Awsat
4 Factors Behind the Decline of Saudi Stock Market in H1 2025
Financial analysts and market specialists have identified four main factors driving the decline of the Saudi stock market during the first half of 2025. Speaking to Asharq Al-Awsat, they pointed to heightened geopolitical tensions in the region, ongoing trade disputes and tariffs between the United States, China, and Europe, oil price volatility, and persistently high interest rates. Collectively, these pressures have squeezed liquidity and weighed heavily on market performance. Despite the downturn, analysts expect the market to gradually recover over the second half of the year, supported by potential global interest rate cuts, stabilizing oil prices, easing economic uncertainty, and forecasts of robust growth in Saudi Arabia's GDP and the non-oil sector, alongside continued government spending on major projects. The Saudi stock market recorded notable losses in the first six months of 2025, with the benchmark index retreating 7.25%, shedding 872 points to close at 11,163, compared to 12,036 at the end of 2024. Market capitalization plunged by around $266 billion (SAR 1.07 trillion), bringing the total value of listed shares to SAR 9.1 trillion. Seventeen sectors posted declines during this period, led by utilities, which plummeted nearly 32%. The energy sector fell 13%, and basic materials dropped 8%. In contrast, telecom stocks advanced around 7%, while the banking sector eked out a marginal 0.05% gain. Dr. Suleiman Al-Humaid Al-Khalidi, a financial analyst and member of the Saudi Economic Association, described the first-half performance as marked by significant swings. 'The index rose to 12,500 points, only to lose nearly 2,000 points before recovering to about 11,260,' he said. He attributed the volatility to several factors: regional geopolitical strains, oil prices dipping to $56 a barrel, and high interest rates, which constrained liquidity. He noted that financing costs for traders now range between 7.5% and 9%, historically elevated levels. 'The Saudi market posted the steepest decline among regional exchanges despite record banking sector profits, which failed to translate into stronger overall index performance,' he observed. Looking ahead, Al-Khalidi anticipates three interest rate cuts totaling 0.75 percentage points by next year, which would bring rates down to about 3.75%. 'That should encourage a recovery in trading activity, improve liquidity, and support an upward trend in the index toward 12,000 points, potentially reaching 13,500 if momentum builds,' he added. Meanwhile, Mohamed Hamdy Omar, economic analyst and CEO of G-World, described the downturn as largely expected, citing external pressures and prolonged trade tensions between the US, China, and Europe. 'Retaliatory tariffs dampened investor confidence globally, and Saudi Arabia was no exception,' he said. Lower oil revenues also strained state finances, leading to a budget deficit of SAR 58.7 billion in the first quarter, further tightening liquidity. Trading volumes fell over 30% year-on-year. Omar pointed out that changes to land tax regulations and heightened regional security risks also weighed on sentiment. Nonetheless, he expects gradual improvement in the second half of 2025, driven by anticipated rate cuts, rebounding oil prices, and continued large-scale public investments. He stressed the need for vigilance: 'Saudi Arabia remains among the most stable markets, thanks to proactive regulation and policies designed to attract foreign capital and bolster investor confidence.'
Al Bawaba
2 days ago
- Business
- Al Bawaba
Bank of Jordan Named "Best Sub-Custodian Bank in Jordan for 2025" by Global Finance for Second Consecutive Year
Bank of Jordan has been named "Best Sub-Custodian Bank in Jordan for 2025" by Global Finance, the New York-based international finance magazine. This recognition underscores the bank's commitment to excellence and delivering specialized banking services at global the second consecutive year and the fourth time in the bank's history to receive this prestigious recognition—in 2016, 2019, 2024, and this year—the accolade reflects Bank of Jordan's exceptional performance during 2024. The comprehensive evaluation conducted by Global Finance assessed the quality and efficiency of services, the ability to meet the requirements of local and international clients, business continuity, and the level of technological integration in service delivery. The evaluation was based on in-depth analyses by the magazine's editorial team, as well as surveys of financial analysts, consultants, and senior executives across the financial launching its custodian services in 2014, Bank of Jordan has offered comprehensive solutions to local and international investors, including safeguarding client assets, managing portfolios, providing market updates, preparing comprehensive reports, and settling stock transactions on clients' behalf. These services are supported by a professional team of experts, a modern technological infrastructure, and advanced operating policies that ensure adherence to the highest standards of quality and recognition highlights Bank of Jordan's continued efforts to reinforce its leadership in the custodial services sector and its ongoing efforts to expand these services in line with evolving market needs. The bank is dedicated to investing in technology, enhancing operational processes, and delivering a banking experience grounded in innovation and reliability. It is worth noting that Bank of Jordan, established in 1960 as one of the first national banks in Jordan, has grown into a leading regional financial institution with operations in Bahrain, Syria, Iraq, and Palestine, alongside its home market, and is pursuing further expansion into new markets.
Globe and Mail
6 days ago
- Business
- Globe and Mail
UDR Announces Dates for Second Quarter 2025 Earnings Release and Conference Call
UDR, Inc. (the 'Company') (NYSE: UDR), a leading multifamily real estate investment trust, announced today that it will release its second quarter 2025 financial results on Wednesday, July 30, 2025, after the market closes. A conference call will be held on Thursday, July 31, 2025, at 12:00 p.m. Eastern Time. The conference call will be open to the public. During the conference call, company officers will review second quarter 2025 results, discuss recent events, and conduct a question-and-answer period. The question-and-answer period will be limited to registered financial analysts. All other participants will have listen-only capability. To participate in the webcast: Please go to UDR's website at at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. A replay will also be available on UDR's website. To participate in the live telephone conference call, please dial one of the following numbers at least five minutes prior to the start time: The full text of the earnings release and supplemental data will be available immediately following the earnings release to the wire services on July 30, 2025, at UDR's investor relations website at About UDR, Inc. UDR, Inc. (NYSE: UDR), an S&P 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U.S. markets. As of March 31, 2025, UDR owned or had an ownership position in 60,047 apartment homes, including 300 apartment homes under development. For over 53 years, UDR has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates.
National Post
08-07-2025
- Business
- National Post
Molson Coors Beverage Company to Webcast 2025 Second Quarter Earnings Conference Call
Article content GOLDEN, Colo. & MONTREAL — Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) will host a webcast of the Company's 2025 Second Quarter Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Tuesday, August 5, 2025. The Company is expected to release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast. Article content Overview of Molson Coors Beverage Company Article content Article content For over two centuries, we have been brewing beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko to our above premium brands including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel's Summer Shandy, to our economy and value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beer brands. While our Company's history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and non-alcoholic beverages. We also have partner brands, such as Simply Spiked, ZOA Energy and Fever-Tree, among others, through license, distribution, partnership and joint venture agreements. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions. Article content Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors Beverage Company (MCBC). MCCI Class A and Class B exchangeable shares offer substantially the same economic and voting rights as the respective classes of common shares of MCBC, as described in MCBC's annual proxy statement and annual report on Form 10-K filings with the U.S. Securities and Exchange Commission. The trustee holder of the special Class A voting stock and the special Class B voting stock has the right to cast a number of votes equal to the number of then outstanding Class A exchangeable shares and Class B exchangeable shares, respectively. Article content Article content Article content Article content Article content Contacts Article content Article content Traci Mangini Article content Article content Article content Article content
Yahoo
08-07-2025
- Business
- Yahoo
Molson Coors Beverage Company to Webcast 2025 Second Quarter Earnings Conference Call
GOLDEN, Colo. & MONTREAL, July 08, 2025--(BUSINESS WIRE)--Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) will host a webcast of the Company's 2025 Second Quarter Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Tuesday, August 5, 2025. The Company is expected to release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, An online replay of the earnings call webcast is expected to be posted within two hours following the live webcast. Overview of Molson Coors Beverage Company For over two centuries, we have been brewing beverages that unite people to celebrate all life's moments. From our core power brands Coors Light, Miller Lite, Coors Banquet, Molson Canadian, Carling and Ožujsko to our above premium brands including Madrí Excepcional, Staropramen, Blue Moon Belgian White and Leinenkugel's Summer Shandy, to our economy and value brands like Miller High Life and Keystone Light, we produce many beloved and iconic beer brands. While our Company's history is rooted in beer, we offer a modern portfolio that expands beyond the beer aisle as well, including flavored beverages like Vizzy Hard Seltzer, spirits like Five Trail whiskey and non-alcoholic beverages. We also have partner brands, such as Simply Spiked, ZOA Energy and Fever-Tree, among others, through license, distribution, partnership and joint venture agreements. As a business, our ambition is to be the first choice for our people, our consumers and our customers, and our success depends on our ability to make our products available to meet a wide range of consumer segments and occasions. To learn more about Molson Coors Beverage Company, visit About Molson Coors Canada Inc. Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors Beverage Company (MCBC). MCCI Class A and Class B exchangeable shares offer substantially the same economic and voting rights as the respective classes of common shares of MCBC, as described in MCBC's annual proxy statement and annual report on Form 10-K filings with the U.S. Securities and Exchange Commission. The trustee holder of the special Class A voting stock and the special Class B voting stock has the right to cast a number of votes equal to the number of then outstanding Class A exchangeable shares and Class B exchangeable shares, respectively. View source version on Contacts Investor Relations: Traci Mangini(415) 308-0151 News Media: Rachel Gellman Johnson(314) 452-9673 Sign in to access your portfolio
