Reports

2026-07-12

Daily Market Monitor 12-07-2026

Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, ‎dropping 45 points (-0.42%) to close at 10,808.43. The ‎index opened 1 points below its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 19 out of 21 sectors ‎closed in the red zone, and 91 shares rose while 153 ‎fell. Materials (-0.8%), Energy (-0.4%), and Utilities (-‎‎1.1%) sectors contributed the most to the index decline. ‎Stockwise, Saudi Aramco (-0.4%), Alrajhi (-0.4%), and ‎ACWA Power (-1.4%) were the major contributors to ‎the index decline. The trading activity witnessed a ‎decrease in volume and value of -20% and -6%, ‎respectively, to reach 182mn shares and SAR 4.1bn in ‎value traded.‎

 

 

Market Wrap International:  

U.S. equities ended higher as investors continued to favor ‎technology and artificial intelligence-related shares while softer ‎economic data reinforced expectations that the Federal Reserve ‎could begin easing policy later this year. Semiconductor and ‎large-cap growth stocks led gains, while defensive sectors lagged ‎amid improving risk appetite and lower Treasury yields. The ‎S&P500 rose 0.4%, the Dow Jones Industrial Average gained ‎‎0.3%, and the NASDAQ advanced 0.3%. ‎

European equities ended mixed as investors balanced optimism ‎over the global growth outlook against caution ahead of ‎upcoming U.S. inflation data and the start of the earnings season. ‎Financial and industrial shares provided support, while mining ‎and export-oriented sectors remained under pressure from ‎concerns about global demand and weaker commodity prices. ‎The FTSE 100 gained 0.2%, the CAC 40 rose 0.1%, the DAX ‎declined -0.2%, and the EURO STOXX 600 ended flat. ‎

Asian markets are trading mostly higher as optimism surrounding ‎the global technology cycle and expectations of a more ‎accommodative U.S. policy backdrop supported risk sentiment ‎across the region. South Korean equities outperformed on ‎strength in semiconductor and technology shares, while Japanese ‎stocks benefited from gains in exporters and a weaker yen. ‎Chinese equities underperformed as investors remained cautious ‎over the domestic growth outlook and the pace of additional ‎policy support. The KOSPI rose 2.5%, the Nikkei 225 gained ‎‎1.2%, the Hang Seng advanced 0.6%, while the SHCOMP fell -‎‎1.0%.‎

Daily Market Monitor 12-07-2026