Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, up by ‎‎+32 points (+0.3%) to close at 10,529 levels. TASI started ‎the session positively, opening with a gain of 3 points, ‎then declined until mid-session. It later rebounded and ‎closed in the green zone. In general, 16 of 21 sectors ‎closed in the green zone, and 150 shares rose while 99 ‎fell. Banks (+0.2%), Materials (+0.5%), and Energy ‎‎(+0.3%) sectors contributed the most to the index rise. ‎Stockwise, Al Rajhi Bank (+0.4%), Maaden (+1.7%), and ‎ACWA Power (+1.2%) were the major contributors to ‎the index’s rise. The trading activity witnessed a ‎decrease in volume of -3% to reach 253mn shares, while ‎the value rose by 6% to reach SAR4.3bn in value traded.‎

 

 

Market Wrap International:

U.S. equities pushed higher on Tuesday, extending record levels as confidence in imminent Federal Reserve rate cuts kept momentum alive. The S&P500 rose +0.3%, the Dow Jones +0.4%, and the Nasdaq +0.4%, with steady gains across technology and consumer names reinforcing Wall Street’s resilience.

European markets showed a more uneven picture, balancing global optimism with political and corporate headwinds. The FTSE 100 added +0.2% and France’s CAC +0.2%, while Germany’s DAX slipped -0.4%, leaving the Euro STOXX 600 marginally higher at +0.1% as investors weighed near-term risks against broader rate-cut expectations.

In Asia, performance diverged after a strong start to the week. The SHCOMP fell -0.5% on lingering concerns about China’s recovery, and Japan’s Nikkei 225 eased -0.4%, while South Korea’s Kospi surged +1.3% and Hong Kong’s Hang Seng climbed +1.2% on robust foreign inflows and renewed confidence in regional policy support.