Reports

2026-03-04

Daily Market Monitor 04-03-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 77 points (+0.73%) to close at 10,565.74. The ‎index opened 10 points below its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 9 out of 21 sectors closed in ‎the green zone, and 93 shares rose while 161 fell. ‎Capital Goods (+2.4%), Energy (+1.8%), and Materials ‎‎(+1.5%) sectors contributed the most to the index rise. ‎Stockwise, Saudi Aramco (+1.9%), Alrajhi (+0.9%), and ‎Sabic (+4.2%) were the major contributors to the index ‎rise. The trading activity witnessed a decrease in ‎volume and value of -10% and -21%, respectively, to ‎reach 251mn shares and SAR 5.7bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended lower with major indices pressured by an ‎escalation in geopolitics that lifted energy prices, weighed on risk ‎appetite, and heightened inflation expectations. Broad selling hit ‎financials and cyclical sectors, while safe-haven flows supported ‎the dollar. The S&P 500 dropped -0.9 %, the Dow Jones ‎Industrial Average declined -0.8 %, and the NASDAQ Composite ‎slid -1.0 % as geopolitical risks and inflation concerns dominated ‎sentiment.‎

European equities ended sharply lower as widening conflict in ‎the Middle East and surging energy costs damped sentiment ‎across the region, pushing banking and industrial stocks notably ‎lower. Investors reduced exposure to risk assets, driving regional ‎benchmarks down markedly. The FTSE 100 fell -2.7 %, the DAX ‎declined -3.4 %, the CAC 40 slid -3.5 %, and the EURO STOXX ‎‎600 lost -3.1 %, reflecting broad weakness linked to risk-off flows ‎and inflationary fears.‎

Asian markets are trading under heavy pressure amid heightened ‎risk aversion and the global sell-off extending into the region, ‎with export-oriented markets most impacted. South Korea’s ‎KOSPI slumped -7.2 %, Japan’s Nikkei 225 dropped -3.1 %, ‎China’s SHCOMP eased -1.4 %, and Hong Kong’s Hang Seng ‎declined -1.1 % as investors rotated out of equities into safe-‎haven assets and currencies.‎

Daily Market Monitor 04-03-2026