Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, losing -47 ‎points (0.4%) to close at 11,485. The index opened 5 points ‎lower than the previous close and continued to decline until ‎just before the middle of the session. It then gradually ‎increased for a while before reversing course and falling again ‎to close in the red zone. Overall, 20 out of 21 sectors closed ‎in the red zone, while 179 shares fell and 61 rose. Banks (-‎‎0.4%), Materials (-0.5%), and Utilities (-1.4%) sectors ‎contributed the most to the index fall. Stockwise, ACWA ‎Power (-1.7%), Al Rajhi Bank (-0.5%), and Saudi National ‎Bank (-0.8%) were the major contributors. The trading ‎activity witnessed a decrease in volume and value of -14% ‎and -12%, respectively, to reach 235mn shares and SAR5.2bn ‎in value traded.‎

Market Wrap International:

Wall Street wrapped up the week on a positive note Friday, with all major indexes posting weekly gains, as optimism around easing U.S.-China trade tensions buoyed investor sentiment. While concerns lingered over a stalled tax and spending bill in Washington, markets largely shrugged off a dip in consumer confidence. Defensive sectors like Health Care (+1.96%), Utilities (+1.42%), and Real Estate (+1.26%) led the gains. The Nasdaq climbed by 0.5% and the S&P 500 rose by 0.7%, and the Dow Jones Industrial Average gained by 0.8%.

European equities closed the week on a strong note, buoyed by optimism over a temporary truce in the U.S.-China trade conflict, which lifted broader market sentiment. Gains were led by industrial and defense-related stocks, with German tank components manufacturer Renk rallying after a rating upgrade from JPMorgan. The Euro STOXX 600 advanced by 0.4%, DAX gained 0.3%, CAC 40 rose 0.4%, and FTSE 100 increased 0.6%.

Asian markets traded mostly lower on Friday, tracking mixed signals from Wall Street as investors digested recent tariff developments and adopted a cautious stance ahead of further clarity on global trade negotiations. The KOSPI advanced by 0.2%, while the SHCOMP fell by -0.4%, the Hang Seng dropped by -0.5%, and the Nikkei 225 declined by -0.005%.