Reports

2026-04-07

Daily Market Monitor 07-04-2026

Tadawul Review:

Tadawul All Share Index (TASI) fell on Monday, dropping 9 points (-0.08%) to close at 11,262.62. The index opened 2 points above its previous close, but it recovered some losses before the close; however, it still ended in the red zone. Overall, 16 out of 21 sectors closed in the red zone, and 100 shares rose while 156 fell. Banks (-0.1%), Food & Beverages (-1.3%), and Telecommunication Services (-0.6%) sectors contributed the most to the index decline. Stockwise, RIBL (-26.3%), SNB (-0.7%), and ACWA Power (-1.2%) were the major contributors to the index decline. The trading activity witnessed a decrease in volume of -3% to reach 254mn shares, while value witnessed an increase of +5% to reach 4.8 in value traded.

 

 

Market Wrap International:

U.S. equities ended higher as cautious optimism around potential ‎progress in Middle East negotiations supported sentiment, while ‎investors balanced persistent inflation signals and firm economic ‎data that reinforced a steady Federal Reserve policy outlook. ‎Gains were led by technology and communication services, ‎extending a recent recovery trend, even as rising input costs and ‎supply chain pressures pointed to underlying inflation risks. The ‎NASDAQ rose 0.5%, the S&P 500 advanced 0.4%, and the Dow ‎Jones Industrial Average gained 0.4%.‎

European equities ended closed due to a public holiday across ‎major regional markets, including the UK and core eurozone ‎exchanges, which limited liquidity and paused price discovery ‎following recent global market movements. The closure left ‎European investors absorbing prior gains in U.S. equities and ‎ongoing developments in energy markets and geopolitical ‎conditions, with expectations that reopening flows could reflect a ‎delayed adjustment to global risk sentiment, particularly in ‎cyclical and energy-linked sectors.‎

Asian markets are trading with a mixed but generally firmer tone, ‎supported by improved global risk sentiment following Wall ‎Street gains and continued monitoring of energy prices and ‎regional currency movements. Strength was led by South Korea’s ‎technology-heavy market and Japan’s exporters, while mainland ‎China and Hong Kong remained closed. The KOSPI gained 1.4% ‎and the Nikkei 225 advanced 0.5%, while the SHCOMP and ‎Hang Seng were closed.‎

Daily Market Monitor 07-04-2026