Reports

2026-04-16

Daily Market Monitor 16-04-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Wednesday, ‎gaining 103 points (+0.90%) to close at 11,589.05. The ‎index opened 2 points below its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 21 out of 21 sectors closed in ‎the green zone, and 222 shares rose while 38 fell. Banks ‎‎(+1.0%), Energy (+0.7%), and Telecommunication ‎Services (+1.1%) sectors contributed the most to the ‎index rise. Stockwise, Alrajhi (+1.0%), Saudi Aramco ‎‎(+0.7%), and Alinma (+2.1%) were the major ‎contributors to the index rise. The trading activity ‎witnessed an increase in volume of +34% to reach ‎‎375mn shares, and increase of +22% to reach SAR 7.6bn ‎in value traded.‎

 

 

Market Wrap International:

U.S. equities ended higher as optimism around easing Middle ‎East tensions and strong early earnings releases supported risk ‎appetite, while softer inflation signals helped sustain demand for ‎growth stocks. Technology and AI-linked names led gains, with ‎semiconductor and software shares outperforming as investors ‎rotated back into high-growth sectors, even as Treasury yields ‎edged higher. The NASDAQ rose 1.6%, the S&P 500 advanced ‎‎0.8%, and the Dow Jones Industrial Average slipped -0.1%.‎

European equities ended mixed, with sentiment more cautious as ‎investors balanced the positive lead from Wall Street against ‎ongoing geopolitical uncertainty and local macro considerations. ‎Defensive sectors and energy provided relative support, while ‎industrials and consumer-facing stocks weighed on broader ‎indices amid a more selective risk tone. The FTSE 100 declined -‎‎0.5%, the DAX rose 0.1%, the CAC 40 fell -0.6%, and the EURO ‎STOXX 600 dropped -0.4%.‎

Asian markets are trading higher as improved global risk ‎sentiment and optimism around easing geopolitical tensions ‎supported equities across the region, with investors also ‎encouraged by resilient economic data and strong earnings ‎expectations in technology sectors. Export-oriented and ‎semiconductor stocks led gains, particularly in North Asia, while ‎Chinese markets remained relatively stable amid mixed domestic ‎signals. The KOSPI advanced 2.1%, the Nikkei 225 gained 0.4%, ‎the Hang Seng increased 0.3%, and the SHCOMP rose 0.01%.‎

Daily Market Monitor 16-04-2026