Tadawul Review:

Tadawul All Share Index (TASI) rose on Sunday, gaining ‎‎33 points (+0.3%) to close at 11,529. The index opened ‎‎18 points above its previous close, then fluctuated ‎within the green zone until the end of the session. ‎Overall, 15‎‏ ‏out of 21 sectors closed in the green zone, ‎and 176 shares rose while 79 fell. Banks (+0.4%), Energy ‎‎(+0.3%), and Consumer Services (+2.1%) sectors ‎contributed the most to the index rise. Stockwise, Al ‎Rajhi Bank (+0.5%), Saudi Bahri (+5.7%), and Arab ‎National Bank (+2.4%) were the major contributors. The ‎trading activity witnessed a decrease in volume and ‎value of -23% and -34%, respectively, to reach 249mn ‎shares and SAR4.3bn in value traded.‎

 

Market Wrap International:

Global markets closed last week higher as renewed optimism over Federal Reserve rate cuts and softer U.S. labor data lifted risk appetite, sending Wall Street to fresh record highs led by technology and growth shares, though uncertainty over fiscal negotiations and inflation trends kept investors cautious.

European equities tracked the U.S. advance, supported by easing rate expectations and stronger corporate sentiment, while persistent cost pressures and political risks tempered gains.

In Asia, sentiment was mixed as Japan surged on expectations of fiscal stimulus and a weaker yen, while China and Hong Kong lagged on property-sector concerns and subdued manufacturing activity, leaving the region uneven to close the week.