Tadawul Review:

Tadawul All Share Index (TASI) fell on Wednesday, ‎dropping 103 points (-0.92%) to close at 11,012.64. The ‎index opened in line with its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 13 out of 21 sectors ‎closed in the red zone, and 83 shares rose while 176 ‎fell. Banks (-1.3%), Materials (-2.0%), and Utilities (-1.8%) ‎sectors contributed the most to the index decline. ‎Stockwise, SNB (-2.3%), Alrajhi (-1.0%), and Maaden (-‎‎3.5%) were the major contributors to the index decline. ‎The trading activity witnessed a decrease in volume and ‎value of -25% and -24%, respectively, to reach 238mn ‎shares and SAR 5.7bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended lower as a renewed selloff in technology and ‎semiconductor shares weighed on risk appetite, while investors ‎also assessed rising inflation pressures and ongoing Middle East ‎tensions. Growth stocks led the decline, with chipmakers and AI-‎related companies underperforming as Treasury-rate ‎expectations remained elevated following recent economic data. ‎Defensive sectors such as healthcare and real estate provided ‎limited support, but broad market sentiment remained cautious. ‎The NASDAQ declined -2.0%, the S&P 500 fell -1.6%, and the ‎Dow Jones Industrial Average dropped -1.9%.‎

European equities ended mixed as concerns over global growth, ‎energy prices, and Middle East tensions offset support from ‎selected defensive sectors. Energy and consumer staples shares ‎helped the UK market outperform, while German equities ‎remained under pressure amid a weaker economic outlook and ‎continued caution toward cyclical sectors. Broader regional ‎sentiment stayed subdued as investors balanced geopolitical risks ‎against corporate and macroeconomic developments. The FTSE ‎‎100 rose 0.3%, the DAX declined -1.0%, the CAC 40 fell -0.5%, ‎and the EURO STOXX 600 slipped -0.1%.‎

Asian markets ended lower as investors reacted to weakness on ‎Wall Street, persistent geopolitical uncertainty, and reduced ‎appetite for technology and export-oriented shares. South ‎Korean equities led regional losses amid heavy selling in ‎technology stocks, while Japanese and Hong Kong markets also ‎weakened as investors shifted toward safer assets. Chinese shares ‎remained relatively resilient but still closed lower as broader risk ‎sentiment deteriorated across the region. The KOSPI dropped -‎‎4.5%, the Nikkei 225 fell -1.9%, the Hang Seng declined -0.6%, ‎and the SHCOMP slipped -0.4%.‎