Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, declining by ‎‎-164 points (+1.49%) to close at 10,841. The trading session ‎began on a negative note over the previous close. The index ‎continued to gradually decrease until the end of the session. ‎Overall, 20 out of 21 sectors closed in the red zone, while 238 ‎shares fell and 14 rose. Banks (-0.9%), Materials (-2%), and ‎Real Estate (-3.5%) sectors contributed the most to the index ‎fall. Stockwise, Al Rajhi Bank (-1.27%), Maaden (-3.3%), and ‎Sulaiman Al Habib (-2.7%) were the major contributors. The ‎trading activity witnessed an increase in volume and decrease ‎in value of +4.3% and -5%, respectively, to reach 256mn ‎shares and SAR5.3bn in value traded.‎

 

Market Wrap International:

Oil prices jumped and U.S. stocks fell Friday after Israel struck ‎Iranian nuclear sites, prompting retaliatory drone attacks from ‎Tehran. Rising tensions pushed investors toward safe havens, ‎with Financials down -2.06%, Information Technology off -‎‎1.50%, and Materials slipping -1.20%. The Nasdaq fell by -1.3%, the ‎S&P 500 dropped by -1.1%, and the Dow Jones Industrial Average ‎declined by -1.8%.‎

European markets closed lower, dragged down by escalating ‎Middle East tensions following Israel’s large-scale strike on ‎Iran. The risk-off mood overshadowed upbeat inflation data ‎from Germany and France, sending investors toward safer ‎assets. The CAC 40 dropped by -1.0%, the DAX fell by -1.1%, the Euro ‎STOXX 600 slipped by -0.9%, while the FTSE 100 advanced by -0.4%.

Asian markets declined as rising tensions between Israel and ‎Iran unsettled investors and drove demand for safe-haven ‎assets. The Nikkei 225 experienced a decrease of -0.9%, the ‎KOSPI recorded a loss of -0.9%, the SHCOMP noted a -0.8% decline, ‎and the Hang Seng index registered a -0.6% drop. ‎