Tadawul Review:

The Tadawul All Share Index (TASI) fell on Thursday, ‎decreasing by 45 points (-0.4%) to close at 10,453. The ‎index opened slightly higher than its previous closing ‎level and experienced small fluctuations in the early ‎minutes, then started to decrease until the end of the ‎session. Overall, 21 out of 21 sectors closed in the red ‎zone, while 190 shares fell and 57 rose. Health care ‎equipment and services (-1.8%), Real Estate (-1.1%), and ‎Food and beverages (-1.4%) sectors contributed the ‎most to the index fall. Stockwise, Sulaiman Al Habib (-‎‎2.4%), Almarai (-2.0%), and Aramco (-0.2%) were the ‎major contributors. The trading activity witnessed a ‎decline in volume and value of -17% and -4%, ‎respectively, to reach 193mn shares and SAR3.5bn in ‎value traded.‎

 

Market Wrap International:

U.S. equities were mixed as investors weighed signs of slowing growth against optimism in technology, leaving the Dow Jones lower (-0.6%) and S&P500 (-0.05%), while the Nasdaq advanced (+0.4%) on strong demand for AI-linked stocks.

European markets traded in tight ranges under pressure from elevated bond yields and muted economic data, with the FTSE 100 (-0.2%) and Euro STOXX 600 (-0.1%) edging lower, while the DAX (-0.02%) and CAC (+0.02%) finished broadly flat, underscoring investor caution.

 

Asian markets outperformed, boosted by robust foreign inflows and strength in semiconductors, with the Kospi (+1.5%), Nikkei 225 (+0.9%), and Hang Seng (+1.2%) all posting solid gains, while the Shanghai Composite (-0.1%) lagged on persistent property-sector concerns.