Tadawul Review: ‎

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 34 points (+0.33%) to close at 10,318.14. The ‎index opened 7 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 8 out of 21 sectors closed in ‎the green zone, and 101 shares rose while 145 fell. ‎Banks (+0.7%), Consumer Discretionary Distribution & ‎Retail (+4.7%), and Real Estate Management & ‎Development (+1.4%) sectors contributed the most to ‎the index rise. Stockwise, SNB (+1.8%), Jarir (+8.2%), ‎and Alrajhi (+0.2%) were the major contributors to the ‎index rise. The trading activity witnessed a decrease in ‎volume and value of -17% and -6%, respectively, to reach ‎‎163mn shares and SAR 3.3bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended marginally lower as semiconductor stocks ‎came under pressure amid concerns about rising Chinese ‎competition in the AI chip market, while investors assessed ‎mixed bank earnings and awaited key U.S. inflation data. ‎Healthcare and financial stocks also weighed on sentiment, ‎although gains in selected megacap technology shares helped ‎limit the broader decline. The S&P 500 fell 0.02%, the Dow Jones ‎Industrial Average declined 0.3%, and the NASDAQ lost 0.2%.‎

European equities ended slightly lower as weakness in ‎semiconductor and technology stocks offset support from easing ‎oil prices. Concerns over intensifying Chinese competition in ‎chipmaking and persistent inflation risks kept investors cautious, ‎while losses in aerospace and selected luxury stocks added ‎pressure. The FTSE 100, DAX and CAC 40 each declined 0.1%, ‎while the EURO STOXX 600 eased 0.1%.‎

Asian markets are trading against a backdrop of semiconductor-‎sector volatility, concerns about Chinese competition in AI chips ‎and caution ahead of U.S. inflation data. South Korea's ‎technology-heavy market faced substantial selling pressure as ‎Samsung Electronics and SK Hynix came under pressure, while ‎Chinese equities and Hong Kong shares showed relative ‎resilience. The supplied figures show the KOSPI down 5.5%, ‎Japan's Nikkei 225 lower by 1.8%, the SHCOMP up 0.1% and the ‎Hang Seng higher by 0.3%.‎