Tadawul Review:

Tadawul All Share Index (TASI) rose on Monday, gaining 91 points (+0.82%) to close at 11,167.27. The index opened 21 points above its previous close, but before closing it faced selling pressure, yet remained in the green zone. Overall, 11 out of 21 sectors closed in the green zone, and 140 shares rose while 118 fell. Banks (+1.0%), Energy (+1.1%), and Materials (+1.1%) sectors contributed the most to the index rise. Stockwise, Alrajhi (+1.3%), Saudi Aramco (+1.1%), and SAB (+2.8%) were the major contributors to the index rise. The trading activity witnessed an increase in volume and value of +49% and +63%, respectively, to reach 298mn shares and SAR 6.0bn in value traded.

 

 

Market Wrap International:

U.S. equities ended mixed as rising oil prices linked to ongoing ‎Middle East tensions reinforced inflation concerns and pushed ‎Treasury yields higher, weighing on technology and growth ‎stocks while financials provided relative support. Investor ‎sentiment remained cautious amid uncertainty over the Federal ‎Reserve’s policy path, with elevated borrowing costs continuing ‎to pressure large-cap tech. The NASDAQ declined -0.7%, the ‎S&P 500 fell -0.4%, while the Dow Jones Industrial Average rose ‎‎0.1%. ‎

European equities ended higher, supported by a rebound in risk ‎appetite and strength in cyclical sectors despite persistent global ‎uncertainty tied to energy markets. Gains were broad-based, ‎with industrials and financials leading the advance as investors ‎looked past external volatility and followed a more constructive ‎regional tone. The FTSE 100 rose 1.6%, the DAX gained 1.2%, ‎the CAC 40 increased 0.9%, and the EURO STOXX 600 ‎advanced 0.9%. ‎

Asian markets are trading mixed but largely weaker, with ‎sentiment pressured by the global rise in oil prices and its ‎implications for inflation and growth, alongside continued ‎weakness in technology and export-oriented sectors. Regional ‎markets reflected heightened risk aversion, particularly in North ‎Asia where semiconductor exposure remains significant. The ‎Nikkei 225 fell -2.8%, the KOSPI dropped -3.0%, the Hang Seng ‎declined -0.8%, while China’s SHCOMP rose 0.2%.‎