Saudi Arabia NEOM $500B Expansion — Vision 2030 Acceleration
BLOOMBERG2 min ago
Saudi Arabia announced a major expansion of NEOM, committing additional $500B as the kingdom approaches the midpoint of Vision 2030.
TASI rose 0.42% on institutional buying. Goldman Sachs and JPMorgan upgraded outlooks.
MARKET IMPACT: HIGH — BULLISH for TASI, REAL ESTATE, CONSTRUCTION sectors.
Asset Impact:
• TASI: +0.85%
• 2222.SR (Aramco): +0.42%
• Real Estate sector: +1.20%
• Construction: +1.50%
HOLDINGS HEATMAP
IDFCFIRSTB -10.5%
JKTYRE -23.2%
KPIGREEN +0.0%
MOIL +0.0%
POWERGRID +1.2%
UNIONBANK +0.8%
TAJGVK +0.0%
MAADEN -0.6%
RISK SCORE
LOWMEDIUM — 50HIGH
STATISTICS
HOLDINGS10
CONC. TOP365.1%
SHARPE49.38
VOL 30D762%
BETA0.82
NAV:679,046P&L:-4.16%DAY:+0.33%
POSITIONS
SYMBOL
QTY
PRICE
P&L
P&L%
ALLOC
TAJGVK.NS
717
359.00
+0.00
+0.00%
37.9%
IDFCFIRSTB
1,900
76.52
-37,195
-20.37%
21.4%
JKTYRE.BO
110
558.00
-11,499
-15.78%
9.0%
KPIGREEN
32
426.00
+562
+4.30%
2.0%
SECTOR ALLOCATION
Other92.5%
Utilities7.5%
CORRELATION MATRIX
TAJG
IDFC
JKTY
TAJG
1.00
0.32
0.18
IDFC
0.32
1.00
0.71
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