Tadawul Review:

Tadawul Review: Tadawul All Share Index (TASI) rose on ‎Tuesday, gaining 63 points (+0.5%) to close at 12,173. The ‎trading session began on a positive note with a 14-point ‎increase at the opening and continued to rise throughout the ‎session, reaching its highest point at the end of the day. This ‎move was the largest since December 30. In general, 20 out ‎of 21 sectors closed in the green zone, and 150 shares rose ‎while 87 fell. Banks (+0.6%), Utilities (+1.1%), and Health ‎care equipment and services (+1.2%) sectors contributed the ‎most to the index rise. Stockwise, ACWA Power (+1.2%), ‎Riyad Bank (+1.8%), and Saudi National Bank (+0.8%) were ‎the major contributors. The trading activity witnessed an ‎increase in volume and value of 55% and 6%, respectively, to ‎reach 376mn shares and SAR6.1bn in value traded.‎

 

 

 

Market Wrap International:

On Tuesday, U.S. stocks closed mixed as investors took in the first of two crucial inflation reports this week, which revealed that December's price increase was lower than anticipated. Another focus was a report suggesting the incoming Trump administration might raise tariffs more gradually to mitigate inflation. The Dow Jones Industrial climbed by 0.5%, the S&P 500 advanced by 0.1%, while the NASDAQ dropped by -0.2%.

After gaining earlier in the day, European markets ended mixed as investors worldwide assessed a weaker-than-expected U.S. producer price index. The CAC 40 increased by 0.2%, the DAX rose 0.7%, while the Euro STOXX 600 dropped -0.1%, and the FTSE 100 slipped by -0.3%.

 

Asian markets were mixed, as Chinese stocks climbed following news of a potential gradual U.S. tariff hike under Donald Trump, while steep losses in Japan’s stock market weighed on other regional indices. Key indices such as the SHCOMP gained 2.5%, the Hang Seng rose by 1.8%, and the KOSPI climbed by 0.3%. In contrast, the NIKKEI225 fell by          -1.8%.