Reports

2026-05-04

Daily Market Monitor 04-05-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Sunday, ‎gaining 5 points (+0.05%) to close at 11,192.84. The ‎index opened 10 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 15 out of 21 sectors closed in ‎the green zone, and 181 shares rose while 73 fell. Banks ‎‎(+0.4%), Materials (+0.9%), and Software & Services ‎‎(+3.0%) sectors contributed the most to the index rise. ‎Stockwise, Maaden (+2.5%), SNB (+1.2%), and Alrajhi ‎‎(+0.3%) were the major contributors to the index rise. ‎The trading activity witnessed a decrease in volume and ‎value of -46% and -39%, respectively, to reach 251mn ‎shares and SAR 4.3bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended with a mixed but resilient tone at the last ‎close, as stronger corporate earnings particularly in large cap ‎technology and steady economic data supported risk appetite, ‎while elevated Treasury yields and uncertainty around the ‎Federal Reserve’s policy path kept investors cautious, with ‎energy markets and Middle East tensions remaining a secondary ‎influence on sentiment. Major markets reflected a degree of ‎rotation beneath the surface, as growth sectors outperformed ‎while cyclicals and parts of the Dow lagged, leaving overall ‎performance balanced rather than directional, consistent with ‎recent Reuters reporting on positioning into month-end. ‎European markets saw limited or no trading across several major ‎exchanges due to public holidays, reducing liquidity and leaving ‎regional sentiment largely anchored to prior global cues, with the ‎broader impact reflecting caution around monetary policy ‎expectations and energy price dynamics rather than fresh local ‎catalysts, according to recent Reuters coverage of holiday-‎thinned sessions. Asian markets were similarly constrained by ‎widespread regional holidays, resulting in muted activity and ‎limited price discovery across key indices, though the underlying ‎tone remained supported by recent global equity stability and ‎continued interest in technology and export-oriented sectors, ‎with Reuters noting that investors maintained a measured stance ‎amid currency movements and external demand considerations.‎

Daily Market Monitor 04-05-2026