Tadawul Review:

Tadawul All Share Index (TASI) fell on Wednesday, dropping ‎by 7 points (-0.1%) to close at 12,362. The index opened 7 ‎points higher than its previous close and continued to rise ‎until the middle of the session. However, it began to decline ‎gradually and ended the day in the red zone. Overall, 11 out ‎of 21 sectors closed in the red zone, while 122 shares fell and ‎‎109 rose. Utilities (-1.2%), Materials (-0.4%), and Insurance (-‎‎0.5%) sectors contributed the most to the index fall. ‎Stock wise, ACWA Power (-1.5%), Elm Co. (-4.0%), and Sabic ‎‎(-1.9%) were the major contributors. The trading activity ‎witnessed an increase in volume and value of 18% and 10% ‎respectively, to reach 346mn shares and SAR7.6bn in value ‎traded.‎

 

 

 

Market Wrap International:

Nasdaq outperformed on Wednesday, lifting U.S. stocks, as Netflix (NFLX) soared to a record high. Hopes for increased AI demand under Donald Trump offset worries about new tariffs. The Dow Jones Industrial climbed by 0.3%, the S&P 500 advanced by 0.6%, and the NASDAQ rose by 1.3%.

European exchanges traded in positive territory, led by the DAX, which rose sharply following encouraging corporate updates. The CAC 40 increased by 0.9%, the DAX gained 1%, and the Euro STOXX 600 rose by 0.4%.

 

Asian stocks had a mixed session, with Chinese markets unsettled by President Trump’s latest comments on tariffs. Key indices such as the SHCOMP dropped by -0.9%, and the Hang Seng slipped by -1.6%. In contrast, the KOSPI rose by 1.2%, and the NIKKEI 225 increased by 1.6%.