Tadawul Review:  

Tadawul All Share Index (TASI) fell on Wednesday, ‎dropping by -16 points (-0.1%) to close at 11,278. The ‎index opened 3 points lower than its previous closing ‎level and continued to gradually decline, eventually ‎settling in the red zone.  Overall, 13 out of 21 sectors ‎closed in the red zone, while 109 shares fell and 140 ‎rose. Utilities (-2.2%), Banks (-0.2%), and Energy (-0.8%) ‎sectors contributed the most to the index fall. ‎Stockwise, ACWA Power (-3.1%), Aramco (-0.9%), and ‎Almarai (-1.8%) were the major contributors. The ‎trading activity witnessed a decrease in volume by -26% ‎to reach 347mn shares, while the value increased by 3% ‎to reach SAR5.4bn in value traded.‎

 

 

Market Wrap International:

U.S. stocks ended higher on Wednesday, with the S&P 500 gaining ground. While uncertainty over President Trump’s latest tariff moves persists, enthusiasm surrounding AI and tech helped offset concerns. Utilities (+1%), Information Technology (+0.93%), and Communication Services (+0.93%) led the day’s sector gains. The Dow Jones Industrial Average gained by 0.5%, the S&P 500 rose by 0.6%, and the Nasdaq experienced a gain of 0.9%.

European markets ended in the green. Ignoring President Trump’s latest tariff threats. The FTSE 100 increased by 0.1%, the CAC 40 saw a gain of 1.4%, the DAX noted a rise of 1.4%, and the Euro STOXX 600 moved up by 0.8%.

Asian markets ended the day with a mixed tone as investors took a cautious approach, making sense on President Trump’s latest tariff threats. The KOSPI rose by 0.6% and the NIKKEI 225 increased by 0.3%. In contrast, the Hang Seng fell -1.1% and the SHCOMP saw a drop of -0.1%.