Tadawul Review:

Tadawul All Share Index (TASI) rose on Monday, ‎gaining 68 points (+0.6%) to close at 10,552. The index ‎opened 8 points above its previous close, then declined ‎for about half an hour before recovering and continuing ‎to rise, ultimately closing at the highest point of the ‎session. In general, 9 out of 21 sectors closed in the ‎green zone, and 78 shares rose while 177 fell. Banks ‎‎(+1.4%), Materials (+1.5%), and Telecommunications ‎‎(+0.9%) sectors contributed the most to the index rise. ‎Stockwise, Al Rajhi Bank (+1.6%), Maaden (+5.3%), and ‎Saudi National Bank (+1.5%) were the major ‎contributors. The trading activity witnessed an increase ‎in volume and value of 45% and 35%, respectively, to ‎reach 185mn shares and SAR3.5bn in value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended higher supported by broad gains in ‎technology and cyclical sectors as Wall Street kicked off the ‎holiday-shortened trading week on a positive note. Investors ‎drew support from optimism about potential interest-rate cuts ‎and strong earnings news lifting several growth names, while ‎small caps outperformed broader benchmarks. The S&P500 rose ‎‎0.6%, the Dow Jones increased 0.5%, and the NASDAQ ‎advanced 0.5%, reflecting broad participation even with lighter ‎seasonal trading volume. ‎

European equities ended modestly lower as markets entered a ‎quiet, low-liquidity phase ahead of the Christmas break and ‎lacked fresh catalysts, with performance mixed across sectors. ‎The FTSE 100 declined 0.3%, the DAX was fell -0.02%, the ‎CAC slipped 0.4%, and the EURO STOXX 600 eased 0.1%, ‎reflecting tepid investor appetite and minor profit-taking after ‎recent gains. ‎

 

Asian markets are trading ended higher as regional equities ‎responded positively to the U.S. lead and cyclical optimism, with ‎exporters and tech-linked stocks advancing. Japan’s Nikkei 225 ‎gained 1.8% and South Korea’s KOSPI rose 2.1%, while China’s ‎SHCOMP increased 0.7% amid extended rallies in mainland ‎shares. Hong Kong’s Hang Seng also climbed 0.4%, buoyed by ‎broader sentiment and improved risk appetite.‎