Tadawul Review:

Tadawul All Share Index (TASI) fell on Sunday, ‎dropping 62 points (-0.56%) to close at 10,928.79. The ‎index opened 42 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 74 shares rose while 177 ‎fell. Materials (-1.2%), Energy (-0.6%), and Utilities (-‎‎1.8%) sectors contributed the most to the index decline. ‎Stockwise, Maaden (-3.1%), Saudi Aramco (-0.6%), and ‎ACWA Power (-2.1%) were the major contributors to ‎the index decline. The trading activity witnessed a ‎decrease in volume and value of -21% and -29%, ‎respectively, to reach 186mn shares and SAR 3.5bn in ‎value traded.‎

 

 

Market Wrap International:  

U.S. equities ended lower on Friday after a stronger-than-‎expected May employment report pushed Treasury yields higher ‎and led investors to reassess expectations for Federal Reserve ‎policy, triggering a broad pullback in technology and ‎semiconductor shares following an extended AI-driven rally. The ‎weaker Wall Street tone carried into Europe, where major ‎markets also finished lower as investors weighed the implications ‎of higher global interest rates, elevated energy prices and ‎ongoing Middle East tensions, with technology stocks and other ‎growth-oriented sectors facing pressure. In Asia, major markets ‎closed the week on a softer note as profit-taking in technology ‎and semiconductor names, expectations for tighter monetary ‎policy and concerns over higher energy costs weighed on ‎sentiment, reinforcing a cautious end to the week across global ‎equity markets.‎