Tadawul Review:  

Tadawul All Share Index (TASI) rose on Sunday, gaining 38 ‎points (+0.3%) to close at the 10,905 level. TASI started the ‎session positively, opening with a rise of 44 points. It continued ‎to increase until the middle of the session, then began to ‎decline toward the end. Despite the decline, it closed in the ‎green zone.  In general, 15 out of 21 sectors closed in the ‎green zone, and 183 shares rose while 65 fell. Materials ‎‎(+0.7%), Utilities (+1.6%), and Energy (+0.7%) sectors ‎contributed the most to the index rise. Stockwise, Aramco ‎‎(+0.7%), ACWA Power (+1.6%), and SIIG (+0.7%) were the ‎major contributors. The trading activity witnessed a decrease ‎in volume and value of -21% and -21%, respectively, to reach ‎‎228mn shares and SAR4.1bn in value traded.‎

 

 

Market Wrap International:

Global equities ended last week higher, supported by Fed Chair Powell’s signal of potential rate cuts. In the U.S., the Dow and S&P 500 posted strong gains while the Nasdaq lagged on tech profit-taking. Europe’s STOXX 600 edged up and the FTSE 100 held near record highs on banking and energy strength. In Asia, China’s CSI 300, South Korea’s Kospi, and Japan’s Nikkei advanced on easing yields and improved global policy sentiment