Reports

2026-02-01

Daily Market Monitor 01-02-2026

Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, ‎decreasing by 76 points (-0.7%) to close at 11,382. The ‎index opened 12 points above its previous close, then ‎fluctuated throughout the session but declined by the ‎end. Overall, 20 out of 21 sectors closed in the red ‎zone, while 232 shares fell and 31 rose. Banks (-0.5%), ‎Utilities (-2.1%), and Real Estate (-1.8%) sectors ‎contributed the most to the index fall. Stockwise, Al ‎Rajhi Bank (-1.3%), ACWA Power (-2.6%), and Sulaiman ‎Al Habib (-2.4%) were the major contributors. The ‎trading activity witnessed an increase in volume and ‎value of 7% and 9%, respectively, to reach 300mn shares ‎and SAR6.9bn in value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended lower as major benchmarks retreated amid ‎renewed selling in technology names and caution ahead of policy ‎developments and earnings. Persistent profit-taking in big tech ‎weighed on risk sentiment, contributing to broader weakness in ‎growth sectors, while investors also digested macro news and ‎geopolitical spill-overs from overseas markets. The S&P 500 ‎declined -0.4%, the Dow Jones Industrial Average slipped -0.4%, ‎and the NASDAQ Composite fell -0.9%, reflecting broad market ‎pressure led by tech and growth stocks.‎

European equities ended higher as broad risk appetite stabilized ‎after a cautious start, with gains across major markets supported ‎by firm corporate news and constructive macro signals that ‎helped buoy regional sentiment. The FTSE 100 rose 0.5%, the ‎DAX increased 0.9%, the CAC 40 advanced 0.7%, and the ‎EURO STOXX 600 climbed 0.6%, with financials and cyclicals ‎participating in the advance.‎

 

Asian markets are trading mixed with Chinese and Hong Kong ‎shares under pressure on profit-taking and spill-over from U.S. ‎volatility, while other regional markets show relative resilience. ‎The SHCOMP is down -1.0% and the Hang Seng has slid -2.1% ‎as investors book gains after recent rallies, the KOSPI is modestly ‎up 0.1%, the Nikkei 225 is slightly lower at -0.1%, and broader ‎Asia sees uneven sector performance.‎

 

 

Daily Market Monitor 01-02-2026