Tadawul Review:

Tadawul All Share Index (TASI) rose on Thursday after ‎five consecutive days of decline, gaining 46 points ‎‎(+0.4%) to close at 11,302. The index opened slightly ‎above its previous close, climbed further in the first ‎half hour, then lost most of its gains by mid-session ‎before recovering and gradually increasing until the ‎close. Overall, 15 out of 21 sectors closed in the green ‎zone, and 159 shares rose while 91 fell. Banks (+0.6%), ‎Energy (+0.9%), and Food and beverages (+1.3%) sectors ‎contributed the most to the index rise. Stockwise, ‎Aramco (+0.9%), Al Rajhi Bank (+0.7%), and Riyad Bank ‎‎(+1.5%) were the major contributors. The trading ‎activity witnessed a decrease in volume and value of -‎‎16% and -13%, respectively, to reach 221mn shares and ‎SAR4.3bn in value traded.‎

 

 

Market Wrap International:

Wall Street ended Friday mixed as investors balanced strong corporate earnings with uncertainty over the Federal Reserve’s next policy move. A resilient labor market and firm inflation data kept expectations for near-term rate cuts in check, while gains in industrial and energy shares helped offset mild weakness in technology. The S&P 500 rose 0.1 %, the Dow Jones added 0.2 %, while the NASDAQ fell -0.2 %.

European equities closed broadly lower amid renewed concerns over growth and persistent inflation that could delay the European Central Bank’s easing cycle. Financials and consumer stocks led losses as cautious comments from ECB officials weighed on sentiment, while exporters struggled on a stronger euro. The FTSE 100 declined -0.5 %, DAX slipped -0.7 %, CAC fell -0.2 %, and EURO STOXX 600 dropped -0.5 %.

Asian markets weakened as risk appetite faded following weak Chinese trade data and continued foreign outflows from regional equities. Technology and export-oriented names led declines, pressured by yen strength and concerns over global demand. The Shanghai Composite lost -0.3%, KOSPI tumbled -1.8 %, Nikkei 225 fell -1.2 %, and Hang Seng retreated -0.9 %.