Tadawul Review:

Tadawul All Share Index (TASI) rose on Monday, gaining 25 ‎points (+0.2%) to close at the 10,850 level. TASI opened 21 ‎points higher than the previous closing level and experienced ‎fluctuations throughout the session. In general, 13 out of 21 ‎sectors closed in the green zone, and 116 shares rose while ‎‎120 fell. Banks (+0.3%), Energy (+0.7%), and Materials ‎‎(+0.3%) sectors contributed the most to the index rise. ‎Stockwise, Al Rajhi Bank (+1.7%), Aramco (+0.7%), and Bank ‎AlBilad (+2.4%) were the major contributors. Trading activity ‎saw a 15% increase in volume, with 174 million shares traded, ‎while the value of trades decreased by -5% to SAR 4.0 billion.‎

 

Market Wrap International:

U.S. stocks kicked off June on a positive note, rising Monday as investors brushed off growing global trade tensions with China and the European Union. The gains were led by Energy, up 1.15%, followed by Information Technology and Communication Services, which rose 0.89% and 0.61%, respectively. The Nasdaq rose by 0.7%, the S&P 500 gained by 0.4%, and the Dow Jones Industrial Average advanced by 0.1%.

European markets traded lower on Monday, with most major indexes in the red as investors reacted to renewed tensions between the U.S. and China. Sentiment took a hit after China accused the U.S. of seriously breaching the terms of their recent trade agreement. The DAX fell by 0.3%, the Euro STOXX 600 dropped by 0.1%, and the CAC 40 declined by 0.2%.

Major Asian markets fell after President Trump announced plans to double tariffs on steel imports to 50%, sparking fresh concerns over rising trade protectionism. The move triggered a wave of caution across the region, with most indices closing lower. The Nikkei 225 fell by 1.3%, the Hang Seng declined by 0.6%, while the KOSPI rose by 0.05%.