Tadawul Review:

Tadawul All Share Index (TASI) fell on Tuesday, ‎dropping by 18 points (-0.1%) to close at 12,301. The ‎index opened 5 points lower than its previous close and ‎continued to decline until the middle of the session, ‎after which it began to rise until the end of the session. 12 out of 21 sectors closed in the red zone, while 128 ‎shares fell and 108 rose. Utilities (-2.5%), Materials (-‎‎0.5%), and Telecommunications (-0.9%) sectors ‎contributed the most to the index fall. Stockwise, ‎ACWA Power (-3.2%), Etihad Etisalat (-2.5%), and ‎Maaden (-1.3%) were the major contributors. The ‎trading activity witnessed a decrease in volume and ‎value of -14% and -24% respectively, to reach 219mn ‎shares and SAR5.3bn in value traded.‎

 

 

Market Wrap International:

Wall Street closed lower Tuesday as renewed tariff threats from President Trump and potential stricter measures on China weighed on sentiment and interest rate expectations. Defensive sectors outperformed in the S&P 500, with consumer staples gaining 1.47%, real estate up 1.15%, and health care rising 0.86%. The S&P 500 dropped by -0.5%, the Nasdaq declined by -1.4%, while the Dow Jones Industrial Average rose by 0.4%.

European stocks fluctuated as investors assessed U.S. tariff risks and awaited Nvidia’s earnings for insights into AI-driven spending. The CAC 40 fell by -0.5%, the DAX -0.1%, the Euro STOXX 600 advanced by 0.1%, and the FTSE 100 by 0.1%.

Asian stocks mostly fell Tuesday amid persistent U.S. trade concerns and global growth uncertainties. Investor sentiment weakened after President Trump directed restrictions on Chinese investments in key U.S. industries. The Hang Seng dipped by -1.3%, the SHCOMP declined by -0.8%, the Nikkei 225 fell by -1.4%, and the KOSPI decreased by -0.6%.