Tadawul Review: ‎

Tadawul All Share Index (TASI) rose on Thursday, ‎gaining 29 points (+0.27%) to close at 10,804.11. The ‎index opened 2 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 11 out of 21 sectors closed in ‎the green zone, and 130 shares rose while 121 fell. ‎Energy (+0.9%), Utilities (+2.1%), and Capital Goods ‎‎(+4.1%) sectors contributed the most to the index rise. ‎Stockwise, Saudi Aramco (+1.0%), ACWA Power ‎‎(+2.9%), and EIC (+9.9%) were the major contributors to ‎the index rise. The trading activity witnessed an ‎increase in volume and value of +6% and +7%, ‎respectively, to reach 178mn shares and SAR 4bn in ‎value traded.‎

 

 

Market Wrap International:

 U.S. equities ended mixed as investors rotated into economically ‎sensitive sectors while taking profits in large-cap technology ‎shares ahead of a busy week of corporate earnings and central ‎bank events. Financials, industrials, and selected value stocks ‎outperformed, supported by resilient economic expectations, ‎while weakness across semiconductor and other growth-oriented ‎technology names weighed on broader market leadership. The ‎Dow Jones Industrial Average advanced 0.5%, the S&P 500 ‎edged 0.05% higher, and the NASDAQ declined -0.6%. ‎

European equities ended higher as improved risk appetite and ‎strength in technology, industrial, and mining shares offset ‎lingering concerns over global trade and monetary policy. Better ‎corporate earnings sentiment and expectations that European ‎economic activity would remain resilient encouraged broad-‎based buying, while defensive sectors lagged the advance. The ‎DAX gained 1.4%, the FTSE 100 rose 0.9%, the CAC 40 added ‎‎0.9%, and the EURO STOXX 600 increased 0.8%. ‎

Asian markets are trading lower as renewed risk aversion, ‎continued pressure on technology shares, and concerns over the ‎global economic outlook weighed on investor sentiment across ‎the region. South Korean equities led regional declines as ‎semiconductor stocks came under heavy selling pressure, while ‎Japanese and Hong Kong markets also weakened amid cautious ‎positioning and persistent uncertainty surrounding global trade ‎and policy developments. The KOSPI fell -5.7%, the Nikkei 225 ‎declined -2.7%, the Shanghai Composite dropped -1.6%, and the ‎Hang Seng eased -1.0%.‎