Reports

2026-04-29

Daily Market Monitor 29-04-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 11 points (+0.10%) to close at 11,179.95. The ‎index opened 31 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 3 out of 21 sectors closed in ‎the green zone, and 84 shares rose while 178 fell. ‎Energy (+0.8%), Banks (+0.3%), and Insurance (+1.2%) ‎sectors contributed the most to the index rise. ‎Stockwise, Saudi Aramco (+0.7%), SNB (+0.9%), and ‎Alinma (+1.3%) were the major contributors to the ‎index rise. The trading activity witnessed a decrease in ‎volume and value of -12% and -12%, respectively, to ‎reach 329mn shares and SAR 5.3bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended lower as weakness in technology and ‎semiconductor shares weighed on sentiment, with investors ‎reassessing the sustainability of AI-driven growth ahead of major ‎earnings and alongside elevated oil prices. Rising energy costs ‎and ongoing policy uncertainty added to cautious positioning, ‎while defensives provided only limited support against the ‎broader pullback. The S&P 500 fell -0.5%, the NASDAQ ‎declined -0.9%, and the Dow Jones Industrial Average slipped -‎‎0.1%.‎

European equities ended mixed to lower, reflecting the softer ‎tone from Wall Street and continued sensitivity to global growth ‎and energy price dynamics. Investor sentiment remained ‎measured as markets balanced external pressures with selective ‎support from defensive sectors, while cyclicals and industrials ‎underperformed. The FTSE 100 rose 0.1%, while the DAX ‎declined -0.3%, the CAC 40 fell -0.5%, and the EURO STOXX ‎‎600 slipped -0.4%.‎

Asian markets ended mixed, with regional sentiment influenced ‎by the global technology weakness and cautious risk appetite, ‎while local factors provided some divergence across markets. ‎Export-oriented and semiconductor names remained under ‎pressure in line with global peers, although selective strength in ‎domestic sectors supported parts of the region. Japan’s Nikkei ‎‎225 fell -1.0% and Hong Kong’s Hang Seng declined -0.9%, while ‎China’s SHCOMP slipped -0.2% and South Korea’s KOSPI ‎gained 0.4%.‎

Daily Market Monitor 29-04-2026