Tadawul All Share Index (TASI) rose on Sunday, gaining 5 points (+0.05%) to close at 11,192.84. The index opened 10 points above its previous close, but before closing it faced selling pressure, yet remained in the green zone. Overall, 15 out of 21 sectors closed in the green zone, and 181 shares rose while 73 fell. Banks (+0.4%), Materials (+0.9%), and Software & Services (+3.0%) sectors contributed the most to the index rise. Stockwise, Maaden (+2.5%), SNB (+1.2%), and Alrajhi (+0.3%) were the major contributors to the index rise. The trading activity witnessed a decrease in volume and value of -46% and -39%, respectively, to reach 251mn shares and SAR 4.3bn in value traded.
Market Wrap International:
U.S. equities ended with a mixed but resilient tone at the last close, as stronger corporate earnings particularly in large cap technology and steady economic data supported risk appetite, while elevated Treasury yields and uncertainty around the Federal Reserve’s policy path kept investors cautious, with energy markets and Middle East tensions remaining a secondary influence on sentiment. Major markets reflected a degree of rotation beneath the surface, as growth sectors outperformed while cyclicals and parts of the Dow lagged, leaving overall performance balanced rather than directional, consistent with recent Reuters reporting on positioning into month-end. European markets saw limited or no trading across several major exchanges due to public holidays, reducing liquidity and leaving regional sentiment largely anchored to prior global cues, with the broader impact reflecting caution around monetary policy expectations and energy price dynamics rather than fresh local catalysts, according to recent Reuters coverage of holiday-thinned sessions. Asian markets were similarly constrained by widespread regional holidays, resulting in muted activity and limited price discovery across key indices, though the underlying tone remained supported by recent global equity stability and continued interest in technology and export-oriented sectors, with Reuters noting that investors maintained a measured stance amid currency movements and external demand considerations.