Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 6 points (+0.05%) to close at 11,015.55. The ‎index opened 13 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 7 out of 21 sectors closed in ‎the green zone, and 96 shares rose while 156 fell. ‎Materials (+0.9%), Banks (+0.3%), and ‎Telecommunication Services (+1.0%) sectors ‎contributed the most to the index rise. Stockwise, Sabic ‎‎(+2.2%), BSF (+2.1%), and Etihad Etisalat (+1.8%) were ‎the major contributors to the index rise. The trading ‎activity witnessed a decrease in volume and value of -‎‎23% and -25%, respectively, to reach 300mn shares and ‎SAR 5.7bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended modestly higher as continued enthusiasm ‎around artificial intelligence and semiconductor-related ‎companies offset caution surrounding Middle East developments ‎and interest-rate expectations. Strong earnings updates and ‎renewed investment in AI infrastructure supported technology ‎shares, while investors also assessed labor-market data ahead of ‎key economic releases. The semiconductor sector outperformed, ‎helping sustain broader market momentum despite weakness in ‎some large-cap technology names. The S&P 500 rose 0.1%, the ‎Dow Jones Industrial Average advanced 0.4%, and the NASDAQ ‎was rose with 0.03%.‎

European equities ended higher as strong gains in technology ‎stocks lifted sentiment, supported by optimism surrounding AI-‎related demand and easing concerns over energy-market ‎volatility. Investors also reacted to inflation data that reinforced ‎expectations for further European Central Bank policy tightening, ‎while cyclical sectors generally outperformed. Technology shares ‎led regional advances following upbeat guidance from ‎semiconductor-linked companies. The FTSE 100 rose 0.3%, the ‎DAX advanced 0.5%, the CAC 40 gained 0.8%, and the EURO ‎STOXX 600 increased 0.7%.‎

Asian markets ended mixed as investors balanced the positive ‎lead from U.S. technology shares against regional growth and ‎policy considerations. Hong Kong equities outperformed on ‎renewed buying interest in technology and growth stocks, while ‎mainland Chinese shares also moved higher. Japanese equities ‎slipped modestly as profit-taking limited gains, while South ‎Korean stocks posted a small advance. The Hang Seng gained ‎‎2.5%, the SHCOMP rose 0.4%, the KOSPI advanced 0.1%, and ‎the Nikkei 225 declined -0.3%. ‎