Reports

2026-02-03

Daily Market Monitor 03-02-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Monday, ‎gaining 154 points (+1.4%) to close at 11,321. The index ‎opened 101 points below its previous close, then ‎increased until the end of the session. In general, 20 out ‎of 21 sectors closed in the green zone, and 207 shares ‎rose while 55 fell. Banks (+1.2%), Energy (+1.7%), and ‎Materials (+1.8%) sectors contributed the most to the ‎index rise. Stockwise, Aramco (+1.7%), Al Rajhi Bank (+1.4%), ‎and Maaden (+5.0%) were the major contributors. The ‎trading activity witnessed an increase in volume and ‎value of 15% and 32%, respectively, to reach 240mn ‎shares and SAR5.8bn in value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended with major benchmarks supported by ‎rebound in technology and cyclical sectors as investors absorbed ‎swings in precious-metals prices and solid earnings. Strength in ‎storage and travel stocks underpinned risk appetite while ‎Treasury yields modestly ticked higher, tempering safe-haven ‎demand and supporting equities. The S&P 500 rose 0.5%, the ‎Dow Jones gained 1.1%, and the NASDAQ Composite advanced ‎‎0.6%, reflecting broad participation in the rally. ‎

European equities ended on a broadly positive note, with stocks ‎across the U.K. and continental markets catching a bid amid ‎easing global risk sentiment and solid sector trends in retail and ‎banking. The FTSE 100 advanced 1.2%, the DAX increased ‎‎1.1%, the CAC 40 rose 0.7%, and the EURO STOXX 600 ‎climbed 1.0%, as miners and discretionary names helped lift ‎indices after softer commodity prices and improved ‎manufacturing data.‎

 

Asian markets are trading with clear divergence as regional ‎equities lag global peers amid renewed risk-off sentiment tied to ‎tech and export-oriented stocks; major benchmarks are under ‎pressure despite some rebound attempts. The SHCOMP is down ‎‎-2.5%, the KOSPI has declined -5.3%, the Nikkei 225 is lower by ‎‎-1.3%, and the Hang Seng is down -2.2%, reflecting persistent ‎weakness in China and South Korea after recent sell-offs.‎

 

Daily Market Monitor 03-02-2026