Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, ‎dropping 50 points (-0.45%) to close at 11,187.66. The ‎index opened 1 point above its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 12 out of 21 sectors ‎closed in the red zone, and 123 shares rose while 133 ‎fell. Banks (-1.3%), Telecommunication Services (-1.4%), ‎and Insurance (-1.6%) sectors contributed the most to ‎the index decline. Stockwise, Alrajhi (-1.2%), SNB (-‎‎1.6%), and Etihad Etisalat (-3.0%) were the major ‎contributors to the index decline. The trading activity ‎witnessed an increase in volume and value of +30% and ‎‎+21%, respectively, to reach 466mn shares and SAR ‎‎7.0bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended mixed as strong corporate earnings and ‎continued momentum in large-cap technology supported growth ‎sectors, while a modest pullback in the Dow reflected rotation ‎and profit-taking in cyclicals. Lower oil prices and resilient ‎economic data helped sustain risk appetite, even as investors ‎remained attentive to Federal Reserve policy signals and elevated ‎yields. Technology shares led gains, offsetting weaknesses in ‎industrial and energy-linked names. The S&P 500 rose 0.3%, the ‎NASDAQ advanced 0.9%, and the Dow Jones Industrial Average ‎declined -0.3%.‎

European equities ended with a muted and mixed tone, with ‎several major markets closed for holidays, limiting overall activity ‎and keeping volumes subdued. The regional mood broadly ‎tracked the constructive backdrop from Wall Street, though ‎gains were restricted by the lack of fresh catalysts and light ‎participation. Defensive sectors provided limited support while ‎broader sector performance remained balanced. The FTSE 100 ‎declined -0.1%, the DAX closed, the CAC 40 closed, and the ‎EURO STOXX 600 rose 0.04%.‎

Asian markets are trading with a firmer tone overall, supported ‎by positive spillover from U.S. Technology strength and stable ‎global risk sentiment, while currency movements particularly in ‎the Japanese yen remain a key focus for investors. Gains in Japan ‎were led by exporters and technology-related shares, while other ‎regional markets showed limited movement due to holiday ‎closures and cautious positioning. The Nikkei 225 advanced ‎‎0.4%, while the Hang Seng closed, the SHCOMP closed, and the ‎KOSPI closed.‎