Tadawul Review:

Tadawul All Share Index (TASI) fell on Tuesday, ‎dropping by 42 points (-0.4%) to close at 11,122. The ‎index opened 24 points above its previous close and ‎experienced some fluctuations initially before starting ‎to decrease until the end of the session.  Overall, 10 out ‎of 21 sectors closed in the red zone, while 141 shares ‎fell and 110 rose. Banks (-0.3%), Telecommunications (-‎‎1.3%), and Materials (-0.5%) sectors contributed the ‎most to the index fall. Stockwise, ACWA Power (-2.4%), ‎Maaden (-2.3%), and Saudi National Bank (-1.1%) were ‎the major contributors. The trading activity witnessed a ‎decrease in volume and value of -3% and -24%, ‎respectively, to reach 293mn shares and SAR5.5bn in ‎value traded.‎

 

 

 

 

Market Wrap International:

U.S. stocks ended mixed on Tuesday as investors weighed the Senate’s passage of President Trump’s massive budget bill while keeping an eye on ongoing trade negotiations. The Dow Jones gained, driven by a shift away from tech stocks at the start of H2 2025. Meanwhile, losses in Communication Services (-1.19%) and Information Technology (-1.13%) weighed on the broader market. The Dow Jones Industrial Average increased by 0.9%, while the S&P 500 and Nasdaq both experienced declines of -0.1% and -0.8%, respectively.

European shares closed lower, pressured by losses in industrials and banks as investors remained cautious amid uncertainty over U.S. trade deals and the approaching July tariff deadline, along with ongoing U.S. tax bill discussions. The FTSE 100 rose by 0.3%, whereas the CAC 40 decreased by -0.04%, the DAX saw a decline of -1%, and the Euro STOXX 600 experienced a downturn of -0.2%.

 

Asia-Pacific markets traded mixed on Tuesday as investors weighed Wall Street’s record highs against lingering uncertainty over U.S. tariff policies. With President Trump’s 90-day reprieve on tariffs approaching its end, market sentiment remained fragile as traders looked for more information on trade discussions. The SHCOMP experienced an increase of 0.4%, while the KOSPI improved by 0.6%. In contrast, the NIKKEI 225 declined by -1.2%.