Tadawul Review:

Tadawul All Share Index (TASI) fell on Sunday, ‎dropping 44 points (-0.40%) to close at 11,076.67. The ‎index opened 12 points below its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 19 out of 21 sectors ‎closed in the red zone, and 95 shares rose while 163 ‎fell. Utilities (-1.6%), Materials (-0.6%), and Insurance (-‎‎2.2%) sectors contributed the most to the index decline. ‎Stockwise, Maaden (-2.0%), ACWA Power (-2.0%), and ‎SNB (-0.6%) were the major contributors to the index ‎decline. The trading activity witnessed a decrease in ‎volume and value of -39% and -57%, respectively, to ‎reach 167mn shares and SAR 2.8bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended with major markets supported by strength in technology and semiconductor shares after easing concerns over energy supply disruptions and easing geopolitical tensions helpd improve risk appetite, while investors also continued to assess the Federal Reserve’s more hawkish policy stance and the prospect of higher interest rates for longer. Lower oil prices provided additional relief to inflation expectations, although Treasury yields remained elevated as markets adjusted to the Fed’s inflation-focused messaging. The positive tone in Wall Street carried into other regions, with European markets broadly benefiting from the improvement in global sentiment as declining energy prices and reduced geopolitical risk supported cyclical sectors, while investors balanced those factors against a cautious interest-rate outlook and local economic data. In Asia, the final trading session of last week was shaped by the same themes, with major markets finding support from improving global sentiment, easing oil prices, and continued demand for technology-related shares, while currency moves and expectations for tighter U.S. monetary policy remained areas of focus for regional investors.