Tadawul Review: ‎

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 110 points (+1.05%) to close at 10,589.95. The ‎index opened 31 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 18 out of 20 sectors closed in ‎the green zone, and 189 shares rose while 71 fell. Banks ‎‎(+1.2%), Energy (+0.9%), and Utilities (+1.9%) sectors ‎contributed the most to the index rise. Stockwise, ‎Alrajhi (+1.0%), Saudi Aramco (+0.9%), and ACWA ‎‎(+2.6%) were the major contributors to the index rise. ‎The trading activity witnessed an increase in volume ‎and value of +4% and +15%, respectively, to reach ‎‎189mn shares and SAR 4.2bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended higher as optimism around artificial ‎intelligence and expectations for strong corporate earnings ‎supported technology and growth stocks, while easing Treasury ‎yields and lower oil prices improved risk appetite. The S&P 500 ‎reached a record high, with software and technology shares ‎extending gains as investors looked ahead to the earnings season ‎and Federal Reserve meeting minutes. The S&P 500 gained 0.6%, ‎the Dow Jones Industrial Average rose 0.5%, and the NASDAQ ‎advanced 0.4%.‎

European equities ended higher as easing euro zone bond yields ‎and lower oil prices supported risk appetite, while financials, ‎travel and leisure, and healthcare stocks provided leadership. ‎Investors also continued to assess fiscal concerns in France and ‎Spain, although softer yields helped reduce pressure across ‎regional markets. The FTSE 100 gained 0.4%, the DAX advanced ‎‎0.8%, the CAC 40 rose 0.4%, and the EURO STOXX 600 ‎increased 0.5%.‎

Asian markets are trading mixed as investors balance the record-‎setting U.S. session against renewed oil-price pressures and ‎weakness in South Korean technology shares. Higher energy ‎prices and Middle East tensions have tempered broader risk ‎appetite, while Japan and Hong Kong remained supported by the ‎previous technology-led rally and China’s mainland market ‎remained closed. The KOSPI was down -0.9%, while the Nikkei ‎‎225 gained 1.1% and the Hang Seng rose 1.0%.‎