Tadawul Review:

Tadawul All Share Index (TASI) fell on Sunday for the third ‎day, decreasing by 189 points (-1.6%) to close at the 11,769 ‎level. TASI started the session positivly, opening with an ‎increase of 19 points and started to decreased gradually until ‎the end of the session. Overall, 19 out of 21 sectors closed in ‎the red zone, while 213 shares fell and 19 rose. Banks (-‎‎2.3%), Materials (-2.1%), and Real Estate (-3.3%) sectors ‎contributed the most to the index fall. Stockwise, Al Rajhi ‎Bank (-4.8%), Elm Co. (-6.8%), and Maaden (-2.9%) were the ‎major contributors. The trading activity witnessed a decline in ‎volume and value of -4% and -14%, respectively, to reach ‎‎823mn shares and SAR6.2bn in value traded.‎

 

 

Market Wrap International: 

As a weekly average, U.S. indices showed mixed results: the ‎Dow Jones rose by 0.15%, while the S&P 500 dipped -0.09%, ‎and the NASDAQ fell by -0.40%.‎ The FOMC Meeting Minutes will be released on Wednesday, ‎October 9, providing insights into the Federal Reserve's recent ‎policy discussions.‎

As a weekly average, European indices displayed varied ‎performance: the DAX rose by 0.38%, while the FTSE 100 and ‎EURO STOXX 600 saw slight declines of -0.12% and -0.35%, ‎respectively. The CAC faced the largest drop, falling by -1.06%. ‎

As a weekly average, Asian indices showed a stark contrast in ‎performance. The SHCOMP surged by an impressive 14.29%, ‎while the Hang Seng also saw significant gains of 13.03%. In ‎contrast, the KOSPI dipped by -2.07%, with the Nikkei 225 ‎and TOPIX experiencing smaller declines of -0.38% and -‎‎0.34%, respectively.‎