Saudi Equities Close Sunday Muted as Fed Week Starts

07:59 AM EST, 12/07/2025 (MT Newswires) -- Trading in Saudi Arabia ended flat as market watchers shift their attention to the US Federal Reserve's highly anticipated interest rate decision this week. At the close of Sunday trading, the Tadawul All Share Index closed 0.05% in the green, with Abdullah Saad Mohammed Abo Moati for Bookstores (SASE:4191), d/b/a Abo Moati, leading the charge at 10% in the green. "Markets are increasingly confident the US Fed will deliver a third consecutive 25bp interest rate cut on 10 December. But officials are divided over whether inflation or the labour market is the bigger issue, suggesting a split vote. In turn, this suggests a slower pace of rate cuts in 2026," ING said in a note. In other news, investors are anticipating China's export and import numbers for November later in the day, and Saudi Arabia's final GDP growth rate figures for the third quarter will be released on Wednesday. On the corporate front, Arabica Star (SASE:9617) entered into a five-year franchise deal with Tihama Al-Hijaz Trading. The agreement covers the opening of 10 Arabica Star brand stores in Jeddah, Taif, and Makkah. The Saudi Arabia-listed coffee shop chain shares gained 0.91%. Meanwhile, Nofoth Food Products (SASE:9556) and Waja Co. (SASE:9560) filed their applications to move both of their listings to the main market of the Saudi bourse. Nofoth and Waja closed 7.64% and 0.63% higher, respectively.