Tadawul Review:

Tadawul All Share Index (TASI) rose on Wednesday, ‎gaining 127 points (+1.20%) to close at 10,692. The ‎index opened 21 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 20 out of 21 sectors closed in ‎the green zone, and 256 shares rose while 9 fell. Media ‎and Entertainment (+7.6%), Software & Services ‎‎(+4.7%), and Health Care Equipment & Services (+3.8%) ‎sectors contributed the most to the index rise. ‎Stockwise, Alrajhi (+1.3%), Maaden (+2.6%), and SNB ‎‎(+1.4%) were the major contributors to the index rise. ‎The trading activity witnessed a increase in volume and ‎value of 28% and 14%, respectively, to reach 321mn ‎shares and SAR 6.5bn in value traded.‎

 

Market Wrap International:

U.S. equities ended higher as a rebound in technology and semiconductor stocks lifted risk sentiment, with investors encouraged by stronger consumer confidence data and continued optimism around artificial intelligence spending. Gains were broad across growth sectors including software, networking, and chipmakers, which helped offset lingering macro uncertainty and kept Treasury yields relatively steady. The technology-heavy rally led the advance across major benchmarks as the S&P500 rose 0.8%, the Dow Jones Industrial Average gained 0.5%, and the NASDAQ advanced 1.3%.

European equities ended higher as improved global risk appetite and strength in technology and cyclical sectors supported sentiment across regional markets. Investors also monitored global growth expectations and policy outlooks while selective buying in industrials and financials helped sustain gains across the continent. The FTSE 100 gained 0.8%, the DAX advanced 1.7%, the CAC 40 rose 0.8%, and the EURO STOXX 600 increased 1.4%.

 

Asian markets are trading lower as weaker regional risk sentiment and pressure in export-oriented sectors weighed on equities across major markets. Technology and manufacturing-linked shares faced selling pressure while investors remained cautious amid global growth concerns and currency volatility. China’s SHCOMP declined -1.0%, South Korea’s KOSPI dropped -12.1%, Japan’s Nikkei 225 fell -3.6%, and Hong Kong’s Hang Seng slipped -2.0%.