Tadawul Review:

Tadawul All Share Index (TASI) rose on Wednesday, ‎gaining 58 points (+0.52%) to close at 11,238.07. The ‎index opened 17 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 16 out of 21 sectors closed in ‎the green zone, and 160 shares rose while 93 fell. ‎Telecommunication Services (+2.3%), Materials (+0.6%), ‎and Energy (+0.4%) sectors contributed the most to the ‎index rise. Stockwise, STC (+2.4%), Saudi Aramco ‎‎(+0.4%), and Etihad Etisalat (+2.7%) were the major ‎contributors to the index rise. The trading activity ‎witnessed an increase in volume and value of 9% and ‎‎9%, respectively, to reach 357mn shares and SAR 5.8bn ‎in value traded.‎

 

 

Market Wrap International:

U.S. equities ended mixed as rising Treasury yields and higher oil ‎prices weighed on broader risk sentiment, while strength in ‎select technology names helped limit downside. Investors ‎continued to assess the Federal Reserve’s policy outlook ‎following a divided decision and hawkish signals, which pushed ‎yields to recent highs and pressured rate-sensitive sectors, while ‎energy stocks outperformed alongside the move in crude. The ‎S&P 500 fell -0.04%, the Dow Jones Industrial Average declined -‎‎0.6%, and the NASDAQ was rose with 0.05%.‎

European equities ended lower, tracking the softer global tone as ‎elevated bond yields and persistent inflation concerns weighed ‎on sentiment ahead of central bank signals. Energy-related ‎pressures and weaker risk appetite dragged on cyclicals, while ‎defensive sectors provided limited support amid ongoing ‎concerns around growth and policy tightening. The FTSE 100 fell ‎‎-1.2%, the DAX declined -0.3%, the CAC 40 dropped -0.4%, and ‎the EURO STOXX 600 slipped -0.6%.‎

Asian markets ended higher, supported by gains in Chinese and ‎Hong Kong equities as regional investors responded to selective ‎strength in technology and improved sentiment in mainland ‎markets despite global macro headwinds. However, the backdrop ‎remained influenced by higher oil prices and firm U.S. yields, ‎which limited broader upside across export-oriented markets. ‎China’s SHCOMP rose 0.7%, South Korea’s KOSPI gained 0.8%, ‎Japan’s Nikkei 225 was closed, and Hong Kong’s Hang Seng ‎advanced 1.7%.‎