Tadawul Review:

Tadawul All Share Index (TASI) rose on Thursday, ‎gaining 10 points (+0.09%) to close at 11,090.33. The ‎index opened 3 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 8 out of 21 sectors closed in ‎the green zone, and 138 shares rose while 115 fell. ‎Capital Goods (+1.3%), Consumer Staples Distribution ‎& Retail (+1.0%), and Materials (+1.0%) sectors ‎contributed the most to the index rise. Stockwise, ‎Saudi Aramco (+0.5%), Sabic (+1.6%), and Sabic AGRI-‎Nutrients (+2.5%) were the major contributors to the ‎index rise. The trading activity witnessed an increase in ‎volume and a decrease in value of +0.4% and -5%, ‎respectively, to reach 263mn shares and SAR 5.4bn in ‎value traded.‎

 

 

Market Wrap International:

U.S. equities ended lower as escalating Middle East tensions ‎drove oil prices higher and reignited inflation concerns, ‎prompting a rise in Treasury yields and a rotation away from ‎growth sectors. Technology and communication services led the ‎declines, with semiconductor and large-cap tech stocks under ‎pressure as risk sentiment deteriorated. Defensive sectors ‎showed relative resilience, but broader market breadth remained ‎weak amid continued uncertainty over the policy outlook and ‎global growth. The S&P 500 fell -1.7%, the Dow Jones Industrial ‎Average declined -1.7%, and the NASDAQ dropped -2.1%.‎

European equities ended lower, following the negative lead from ‎Wall Street as higher energy prices and persistent geopolitical ‎uncertainty weighed on sentiment. Investors remained cautious ‎amid the implications of elevated oil costs on inflation and ‎monetary policy expectations, with cyclical sectors including ‎industrials and financials underperforming while defensives ‎provided limited support. The FTSE 100 was unchanged, while ‎the DAX fell -1.4%, the CAC 40 declined -0.9%, and the EURO ‎STOXX 600 slipped -1.0%.‎

Asian markets are trading mixed as regional investors reacted to ‎the weaker global backdrop alongside ongoing concerns around ‎energy prices and inflation pressures. Chinese equities found ‎support on selective buying and policy expectations, while Hong ‎Kong also edged higher, contrasting with declines in Japan and ‎South Korea where export-oriented and technology names ‎remained under pressure. The SHCOMP rose 0.6% and the ‎Hang Seng gained 0.4%, while the Nikkei 225 fell -0.4% and the ‎KOSPI declined -0.4%.‎