Tadawul Review:

Tadawul All Share Index (TASI) fell on Sunday, dropping 215 points (-1.9%) to close at 11,167. The index opened 37 points below its previous close, then declined sharply during the first hour. After that, it showed little fluctuation until the close. Overall, 21 out of 21 sectors closed in the red zone, while 227 shares fell and 33 rose. Materials (-4.8%), Banks (-1.1%), and Energy (-2.4%) sectors contributed the most to the index fall. Stockwise, Maaden (-9.5%), Aramco (-2.4%), and Saudi National Bank (-1.5%) were the major contributors. The trading activity witnessed a decrease in volume and value of -31% and -36%, respectively, to reach 208mn shares and SAR4.4bn in value traded.

 

 

 

Market Wrap International:

Major markets in the U.S. ended the most recent session with a ‎cautious tone as investors weighed uncertainty over the Federal ‎Reserve’s future leadership after President Donald Trump ‎nominated Kevin Warsh, alongside mixed earnings and inflation ‎signals that kept traders on edge; Wall Street’s major ‎benchmarks closed lower, reflecting pressure in technology and ‎broader risk assets while precious metals’ sell-offs compounded ‎volatility. European equities ended the most recent session with ‎extended gains, supported by a raft of corporate catalysts that ‎helped lift the pan-European STOXX 600 and ease investor ‎concerns from earlier volatility, signaling resilience in cyclicals ‎and defensive sectors even as some profit-taking emerged; ‎broader regional sentiment remained constructive amid ongoing ‎earnings flows. Asian markets ended their last session with broad ‎weakness as global sell-offs in precious metals and Wall Street ‎futures spilled into equities, hitting key Asian indices including ‎South Korea’s Kospi and Japan’s Nikkei where risk sentiment was ‎dampened by cross-asset volatility and liquidity pressures.‎