Tadawul Review:

Tadawul All Share Index (TASI) fell on Tuesday, ‎dropping by -38 points (-0.3%) to close at 11,746. The ‎trading session began positively, with an 8-point ‎increase compared to the previous close, but gradually ‎declined throughout the session to close at its lowest ‎point. Overall, 11 out of 21 sectors closed in the red ‎zone, while 157 shares fell and 86 rose. Banks (-0.4%), ‎Utilities (-1.3%), and Telecommunications (-0.8%) ‎sectors contributed the most to the index fall. ‎Stockwise, ACWA Power (-1.5%), Alinma Bank (-2.2%), ‎and Aramco (-0.4%) were the major contributors. The ‎trading activity witnessed a decrease in volume of -13% ‎to reach 334mn while the value increased by 6% to reach ‎SAR6.8bn value traded.

 

 

Market Wrap International:

U.S. stocks closed in positive territory Tuesday following a choppy session, as investors digested a flurry of corporate earnings and a temporary tariff reprieve for automakers. Financials rose 0.97%, Materials gained 0.92%, Consumer Staples added 0.77%, and Software & Services led with a 1.02% advance. The S&P 500 rose by 0.6%, the Dow Jones Industrial Average advanced by 0.7%, and the NASDAQ climbed by 0.5%.

European shares extended gains for a sixth consecutive session, buoyed by solid earnings from major banks including HSBC and Deutsche Bank. While upbeat financial results lifted overall sentiment, investor focus remained on the potential long-term effects of U.S. tariffs, which continue to cloud the global trade outlook. The STOXX 600 edged up 0.4%, DAX advanced 0.7%, France’s CAC 40 dropping by -0.2%, and FTSE 100 climbed 0.5%.

Asian markets advanced, with gains seen across major indices. The upbeat tone followed a positive U.S. session, as investors monitored key earnings and data releases for signs of how Trump’s trade policies are impacting the global economy. KOSPI advanced 0.6%, Hang Seng increased 0.2%, while SHCOMP fell -0.1%.‎