Tadawul Review:

Tadawul All Share Index (TASI) fell on Wednesday, ‎dropping 58 points (-0.52%) to close at 10,949.27. The ‎index opened 17 points above its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 10 out of 21 sectors ‎closed in the red zone, and 116 shares rose while 137 ‎fell. Energy (-2.8%), Banks (-0.4%), and Capital Goods (-‎‎2.3%) sectors contributed the most to the index decline. ‎Stockwise, Saudi Aramco (-2.8%), Alrajhi (-0.7%), and ‎Sabic (-2.5%) were the major contributors to the index ‎decline. The trading activity witnessed an increase in ‎volume and value of 12% and 33%, respectively, to reach ‎‎321mn shares and SAR 6.7bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended higher as easing oil prices, improving ‎sentiment around Middle East developments, and continued ‎strength in artificial intelligence-linked technology shares ‎supported risk appetite across Wall Street. Semiconductor and ‎large-cap technology stocks led gains after upbeat earnings ‎expectations and resilient corporate spending trends reinforced ‎confidence in the sector, while investors also assessed economic ‎data for signals on the Federal Reserve’s policy path. Broad ‎participation across cyclical sectors added to the positive tone, ‎with materials and technology outperforming during the session. ‎The S&P 500 rose 1.5%, the NASDAQ gained 2.0%, and the ‎Dow Jones Industrial Average advanced 1.2%.‎

European equities ended higher as lower energy prices and ‎optimism surrounding potential easing in Middle East tensions ‎improved regional risk sentiment, while stronger corporate ‎earnings supported gains across major sectors. Banks, industrials, ‎defense companies, and automobile shares outperformed as ‎investors rotated back into cyclical sectors, although concerns ‎over weaker euro zone economic activity and supply-chain ‎disruptions remained in focus. Healthcare stocks also advanced ‎following positive earnings updates from major companies, ‎helping sustain the broader rally across continental markets. The ‎FTSE 100 rose 2.1%, the DAX gained 2.1%, the CAC 40 ‎advanced 2.9%, and the EURO STOXX 600 increased 2.2%.‎

Asian markets ended mostly higher as regional equities tracked ‎Wall Street’s technology-led gains and improving global risk ‎appetite, while easing concerns over energy prices supported ‎sentiment across export-oriented sectors. South Korean equities ‎outperformed after strong advances in semiconductor shares and ‎continued momentum in artificial intelligence-related companies ‎lifted investor demand, while Hong Kong and mainland Chinese ‎markets also benefited from improved regional sentiment. ‎Japanese markets were closed during the session. China’s ‎SHCOMP rose 1.2%, Hong Kong’s Hang Seng gained 1.2%, and ‎South Korea’s KOSPI advanced 6.5%, while Japan’s Nikkei 225 ‎remained closed.‎