Reports

2026-01-08

Daily Market Monitor 08-01-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Wednesday, ‎gaining 164 points (+1.6%) to close at 10,455. The index ‎opened 213 points above its previous close, dropped ‎more than 150 points in the first hour, but gradually ‎recovered over the rest of the session. In general, 21 ‎out of 21 sectors closed in the green zone, and 212 ‎shares rose while 49 fell. Banks (+3.3%), Energy (+0.5%), ‎and Utilities (+1.1%) sectors contributed the most to ‎the index rise. Stockwise, Al Rajhi Bank (+3.4%), Saudi ‎National Bank (+5.9%), and Aramco (+0.6%) were the ‎major contributors. The trading activity witnessed an ‎increase in volume and value of 46% and 68%, ‎respectively, to reach 280mn shares and SAR6.0bn in ‎value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended lower as Wall Street pulled back from recent ‎strength with mixed sector performance; technology names ‎showed some resilience while financials and materials lagged ‎amid profit-taking and macro caution. The S&P 500 declined -‎‎0.3%, the Dow Jones Industrial Average fell -0.9%, and the ‎NASDAQ Composite advanced +0.2%, reflecting the broader ‎market’s uneven sentiment following fresh economic commentary ‎and evolving rate expectations. These moves came as traders ‎weighed mixed economic signals and awaited key jobs data later ‎this week. ‎

European equities ended generally weaker as investor optimism ‎was tempered by global growth concerns and profit-taking after ‎recent gains in continental markets. London’s FTSE 100 dropped ‎‎-0.7%, Germany’s DAX gained +0.9%, France’s CAC 40 edged ‎down -0.04%, and the EURO STOXX 600 eased -0.05% in a ‎mixed session with defensive sectors outperforming cyclicals. The ‎divergent moves underscore selective buying in Germany and ‎profit discipline elsewhere amid cautious risk sentiment. Current ‎European index moves align with broadly mixed trading seen ‎across global markets. ‎

 

Asian markets are trading with mixed results following Wall ‎Street’s uneven close, with exporters and tech names under ‎pressure in Japan while Korea and mainland China showed ‎modest strength. Japan’s Nikkei 225 slipped -1.1%, South Korea’s ‎KOSPI rose +0.6%, China’s SHCOMP edged up +0.1%, and ‎Hong Kong’s Hang Seng declined -0.9%, reflecting local market ‎responses to global cues and investor positioning ahead of ‎regional economic data. These moves in Asia broadly mirror ‎mixed sentiment and rotation across sectors.‎

 

Daily Market Monitor 08-01-2026