Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, ‎slipping 127 points (-1.2%) to close at 10,818. The index ‎opened 8 points below its previous close and continued ‎to gradually decline until the end of the session. In ‎general, 21 out of 21 sectors closed in the red zone, ‎while 233 shares fell and 26 rose. Banks (-1.6%), Energy ‎‎(-0.7%), and Real Estate (-1.8%) sectors contributed the ‎most to the index fall. Stockwise, Al Rajhi Bank (-1.6%), ‎Aramco (-0.7%), and Saudi National Bank (-1.6%) were ‎the major contributors. The trading activity witnessed a ‎decrease in volume and value of -42% and -34%, ‎respectively, to reach 218mn shares and SAR4.5bn in ‎value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended slightly lower as cautious positioning around ‎interest-rate expectations and muted risk appetite weighed on ‎major benchmarks, with Treasury yields remaining elevated and ‎limiting upside in growth and technology shares. Defensive ‎sectors were relatively resilient, while large-cap technology and ‎consumer discretionary names lagged as investors stayed ‎selective ahead of upcoming macro signals. The S&P 500 ‎declined -0.1%, the Dow Jones Industrial Average fell -0.2%, and ‎the NASDAQ slipped -0.1%.‎

European equities ended lower, pressured by weak risk ‎sentiment and declines in cyclical sectors, as investors digested ‎cautious corporate updates and lingering concerns over ‎economic momentum in the euro area. Industrials and consumer ‎stocks underperformed, while energy and defensives offered ‎limited support amid subdued trading volumes. The FTSE 100 ‎edged down -0.04%, the DAX fell -0.2%, the CAC 40 declined -‎‎0.7%, and the EURO STOXX 600 slipped -0.03%.‎

 

Asian markets traded mixed, with South Korea outperforming on ‎strength in technology shares, while mainland China, Japan, and ‎Hong Kong declined amid cautious global sentiment and ongoing ‎concerns around regional growth and currency dynamics. ‎Semiconductor stocks supported gains in Seoul, but exporters ‎and financials weighed on markets elsewhere. The SHCOMP fell -‎‎0.3%, the KOSPI rose 0.9%, the Nikkei 225 declined -0.3%, and ‎the Hang Seng slipped -0.3%.‎