Reports

2026-02-05

Daily Market Monitor 05-02-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Wednesday, gaining 13 points (+0.1%) to close at 11,341. The index opened slightly above its previous close, climbed until mid-session, and then declined until the end, but still closed in the green. In general, 7 out of 21 sectors closed in the green zone, and 84 shares rose while 168 fell. Materials (+1.1%), Banks (+0.2%), and Utilities (+0.8%) sectors contributed the most to the index rise. Stockwise, Maaden (+2.2%), ACWA Power (+1.4%), and Alinma Bank (+1.4%) were the major contributors. The trading activity witnessed a decrease in volume of -0.4% to reach 219mn shares, while the value rose by 2% to reach SAR5.2bn in value traded.

 

Market Wrap International:

U.S. equities ended lower as renewed weakness in major ‎technology and growth stocks dragged on benchmark ‎performance despite pockets of strength elsewhere; broad ‎downside in software and chip sectors pressured market ‎sentiment. The S&P 500 declined -0.5%, the Dow Jones advanced ‎‎0.5%, and the NASDAQ fell -1.5% as tech heavyweights saw ‎sustained selling that outweighed gains in some value and ‎defensive areas. ‎

European equities ended mixed with modest gains in selective ‎markets offset by softness in others, as investors balanced global ‎tech-led weakness with regional sector support; consumer and ‎telecom names provided limited resilience amid a broader risk-off ‎mood. The FTSE 100 rose 0.9%, the DAX eased -0.7%, the CAC ‎gained 1.01%, and the EURO STOXX 600 inched up 0.03%, ‎reflecting narrow participation and mixed sector flows across the ‎region.‎

 

Asian markets are trading with divergent performance as regional ‎equities show resilience in export-linked and cyclical segments ‎while Japan’s benchmark retreats amid risk aversion; investors ‎are selectively buying in China and South Korea after recent ‎volatility. The SHCOMP climbed 0.8%, the KOSPI gained 1.6%, ‎the NIKKEI 225 declined -0.8%, and the Hang Seng rose 0.05% ‎as broader risk sentiment remains mixed following Wall Street’s ‎retreat led by tech stocks.‎

 

Daily Market Monitor 05-02-2026