Tadawul Review:

Tadawul All Share Index (TASI) fell on Tuesday, dropping ‎by 72 points (-0.6%) to close at 11,706. TASI started the ‎session on a positive note, opening 12 points higher than ‎the previous close, then fluctuated until the end of the ‎session. Overall, 15 out of 21 sectors closed in the red zone, ‎while 161 shares fell and 72 rose. Banks (-1.0%), Materials (-‎‎0.9%), and Food and beverages (-2.1%) sectors contributed ‎the most to the index fall. Stockwise, Al Rajhi Bank (-1.6%), ‎Maaden (-3.7%), and Almarai (-2.4%) were the major ‎contributors. The trading activity witnessed an increase in ‎volume and value of 51% and 29%, respectively, to reach ‎‎264mn shares and SAR5.4bn in value traded.‎

 

 

Market Wrap International:

U.S. stocks extended gains for a third session on Tuesday, with the S&P 500 rising 0.2%, the Nasdaq climbing 0.5%, and the Dow Jones advancing 0.01%. The S&P 500’s Communication Services (+1.43%), Consumer Discretionary (+0.98%), and Financials (+0.49%) sectors led the rally as investors speculated that Trump’s tariffs might be less severe than expected.

 

European markets followed suit, closing higher as optimism grew over a potentially softer U.S. tariff approach ahead of the April 2 deadline. The CAC 40 advanced 1.1%, the Euro STOXX 600 climbed 0.7%, the FTSE 100 increased 0.3%, and the DAX gained 1.1%.

 

Asian markets fell as investors struggled to sustain Wall Street’s momentum, with concerns over U.S. trade policy lingering ahead of key inflation data. The Hang Seng dropped -2.3%, and the KOSPI finished lower by -0.6%.