Reports

2026-02-04

Daily Market Monitor 04-02-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 7 points (+0.07%) to close at 11,329. The index ‎opened 18 points above its previous close, then ‎experienced some fluctuations during the first few ‎hours. It later declined but recovered before the close ‎to end in the green zone. In general, 9 out of 21 sectors ‎closed in the green zone, and 112 shares rose while 140 ‎fell. Materials (+1.1%), Capital goods (+0.9%), and ‎Health care equipment and services (+0.3%) sectors ‎contributed the most to the index rise. Stockwise, ‎Maaden (+2.2%), Riyad Bank (+2.1%), and Saudi Bahri ‎‎(+3.0%) were the major contributors. The trading ‎activity witnessed a decrease in volume and value of -8% ‎and -13%, respectively, to reach 220mn shares and ‎SAR5.1bn in value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended lower as weakness in big technology and ‎software names pressured major benchmarks following a retreat ‎in tech shares and broader investor caution. Tech sector ‎underperformance, led by declines in key AI-linked stocks, ‎weighed on sentiment alongside a rebound in safe-haven metals ‎that reflected risk aversion. The S&P 500 fell ‎‏-‏‎0.8%, the Dow ‎Jones declined ‎‏-‏‎0.3%, and the NASDAQ slipped ‎‏-‏‎1.4%.‎

European equities ended slightly softer on mixed cues from ‎global markets with limited domestic macro catalysts and follow-‎through from U.S. losses tempering sentiment; broader indices ‎showed modest divergences as value-oriented sectors ‎outperformed defensives. The FTSE 100 eased ‎‏-‏‎0.3%, the DAX ‎edged ‎‏-‏‎0.1%, the CAC dipped ‎‏-‏‎0.02%, while the EURO STOXX ‎‎600 marginally rose 0.1% on headline-level trading. ‎

 

Asian markets are trading with strong gains in export-linked and ‎tech-related names reshaping regional performance, reflecting ‎rebound dynamics after recent volatility and renewed confidence ‎ahead of key earnings. Mainland and regional benchmarks saw ‎solid advances, with the SHCOMP up 1.3%, the KOSPI gaining ‎‎6.8%, the NIKKEI 225 rising 3.9%, and the Hang Seng modestly ‎up 0.2% as broad buying extended across major bourses.‎

 

Daily Market Monitor 04-02-2026