Tadawul Review:

Tadawul All Share Index (TASI) fell on Monday, ‎dropping 6 points (-0.05%) to close at 10,626. The index ‎opened slightly above its previous close and fluctuated ‎throughout the session before settling near its opening ‎level. In general, 15 out of 21 sectors closed in the red ‎zone, while 167 shares fell and 84 rose. Real Estate (-‎‎1.7%), Energy (-0.4%), and Health care equipment and ‎services (-0.9%) sectors contributed the most to the ‎index fall. Stockwise, Aramco (-0.4%), Sulaiman Al ‎Habib (-1.2%), and Dar Al Arkan (-3.0%) were the major ‎contributors. The trading activity witnessed an increase ‎in volume and value of 26% and 47%, respectively, to ‎reach 161mn shares and SAR3.4bn in value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended lower as investors parsed rising Treasury ‎yields and repositioned ahead of the upcoming Federal Reserve ‎meeting, prompting rotation out of growth-oriented and ‎defensive names into select cyclicals. That shift weighed on ‎valuations in technology and growth sectors even as financials ‎and industrials showed relative resilience. The NASDAQ slipped ‎‎-0.1%, the S&P 500 fell -0.3%, and the Dow Jones Industrial ‎Average lost -0.4%.‎

European equities ended modestly weaker as weakness in ‎consumer facing names particularly following news around the ‎spin-off of Unilever and pressure in staples and consumer-‎discretionary sectors offset gains in industrials and healthcare. ‎Risk sentiment remained cautious ahead of U.S. policy ‎developments, while corporate updates and demerger effects ‎weighed on sentiment. The FTSE 100 slid -0.2%, the DAX edged ‎up 0.1%, the CAC 40 eased -0.1%, and the EURO STOXX 600 ‎fell -0.1%. ‎

 

Asian markets are trading mixed, with sentiment hampered by ‎global policy uncertainty even as some regional markets show ‎selective strength. In Japan, the Nikkei 225 is modestly higher, ‎while South Korea’s KOSPI is outperforming on demand for ‎cyclicals. By contrast, China’s Shanghai Composite Index shows ‎modest gains amid cautious flows, and Hong Kong’s Hang Seng ‎Index is under pressure from profit-taking and sector-specific ‎headwinds. The SHCOMP is up about 0.5 %, KOSPI rose 1.3 %, ‎Nikkei is up 0.2%, and Hang Seng is down   -1.2%.‎