Tadawul Review:

Tadawul All Share Index (TASI) rose for the fourth ‎consecutive day on Sunday, gaining 28 points (+0.3%) to ‎close at 10,809. The trading session opened 19 points ‎above the previous close. Initially, the index dropped ‎about 30 points before rebounding and gradually ‎increasing until the end of the session. Overall, 16 out of ‎‎21 sectors closed in the green zone, and 166 shares rose ‎while 76 fell. Energy (+1.8%), Materials (+1.2%), and ‎Insurance (+2.0%) sectors contributed the most to the ‎index rise. Stockwise, Aramco (+1.9%), Maaden (+2.2%), ‎and Saudi Telecom (+1.3%) were the major ‎contributors. The trading activity witnessed a decrease ‎in volume and value of -55% and -71%, respectively, to ‎reach 273mn shares and SAR4.7bn in value traded.‎

 

 

Market Wrap International:

Global markets closed last week higher after the Federal Reserve delivered its first rate cut of the year, boosting risk appetite and sending U.S. benchmarks to record levels led by technology and growth shares, though the Fed’s cautious tone kept inflation and labor concerns in focus. European equities tracked the U.S. momentum, but gains were capped by lingering cost pressures and fiscal worries. In Asia, sentiment was uneven: Japan’s Nikkei and South Korea’s Kospi advanced, while China’s SHCOMP stayed subdued and Hong Kong’s Hang Seng slipped, highlighting the region’s ongoing growth and currency headwinds.