Tadawul Review:  

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 82 points (+0.8%) to close at 10,922. TASI ‎started the session on a negative note, opening one ‎point lower than the previous close. The index rose ‎briefly before decreasing for about half an hour, then ‎rebounded and continued to rise until the end of the ‎session. In general, 19 out of 21 sectors closed in the ‎green zone, and 164 shares rose while 83 fell. Materials ‎‎(+1.9%), Banks (+0.3%), and Telecommunications ‎‎(+1.5%) sectors contributed the most to the index rise. ‎Stockwise, Aramco (+0.9%), Al Rajhi Bank (+0.6%), and ‎Sabic (+3.1%) were the major contributors. The trading ‎activity witnessed an increase in volume and value of ‎‎18% and 12%, respectively, to reach 527mn shares and ‎SAR5.4bn in value traded.‎

 

Market Wrap International:

U.S. stocks fell Tuesday as weaker-than-expected services data and persistent inflation raised fresh concerns about the Fed’s next move, while new tariff remarks added to the unease. The S&P 500 closed lower by -0.5%, with Utilities (-1.05%), Information Technology (-0.91%), and Communication Services (-0.88%) dragging the index down. The NASDAQ fell by -0.7% and the Dow Jones Industrial Average saw a decline of -0.1%.

European stocks ended higher, with the Stoxx 600 up 0.1%, as solid corporate earnings helped lift markets despite lingering trade and tariff worries. The DAX increased by 0.4% and the FTSE 100 saw an increase of 0.2%, while the CAC 40 slipped by -0.1%.

Asia-Pacific markets opened August on a stronger footing, with most indexes edging higher as softer U.S. jobs data boosted hopes for a Fed rate cut, helping offset worries over fresh U.S. tariffs. The KOSPI gained by 1.6%, the SHCOMP advanced by 1%, the Hang Seng experienced a gain of 0.7%, and the NIKKEI 225 posted an increase of 0.6%.