Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 50 points (+0.45%) to close at 11,145.55. The ‎index opened 11 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 13 out of 21 sectors closed in ‎the green zone, and 114 shares rose while 141 fell. ‎Banks (+1.0%), Energy (+0.6%), and Insurance (+1.4%) ‎sectors contributed the most to the index rise. ‎Stockwise, Alrajhi (+1.2%), Saudi Aramco (+0.7%), and ‎SNB (+0.8%) were the major contributors to the index ‎rise. The trading activity witnessed a decrease in ‎volume and value of -23% and -29%, respectively, to ‎reach 235mn shares and SAR 4.7bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended mixed as investors rotated out of technology ‎and semiconductor shares ahead of the Federal Reserve’s policy ‎decision, while easing oil prices and lower inflation concerns ‎supported financials and industrials. Market sentiment was also ‎influenced by optimism surrounding a preliminary U.S.-Iran ‎agreement that could restore oil flows and reduce energy-related ‎risks, while continued strength in SpaceX shares remained a ‎notable market theme. The NASDAQ declined 1.2%, the S&P ‎‎500 fell 0.6%, and the Dow Jones Industrial Average gained 0.6%.‎

European equities ended higher as lower oil prices and ‎improving risk sentiment following progress toward a U.S.-Iran ‎agreement supported cyclical sectors, particularly banks, ‎industrials, and defense companies. Investors also positioned ‎cautiously ahead of upcoming central bank decisions, while the ‎decline in energy costs helped ease concerns about inflation ‎across the region. The FTSE 100 gained 0.6%, the DAX rose ‎‎0.1%, the CAC 40 advanced 0.8%, and the EURO STOXX 600 ‎increased 0.2%.‎

Asian markets ended mixed as investors balanced improving ‎global risk sentiment and lower oil prices against continued ‎weakness in Hong Kong technology shares and caution ahead of ‎major central bank developments. South Korean equities ‎outperformed, supported by renewed interest in technology and ‎growth sectors, while Chinese shares were little changed amid ‎subdued domestic sentiment. The KOSPI gained 2.1%, the Nikkei ‎‎225 rose 0.1%, the SHCOMP declined 0.1%, and the Hang Seng ‎fell 1.4%.‎