Tadawul Review:

Tadawul All Share Index (TASI) fell on Monday, dropping 68 points (-0.62%) to close at 11,009.52. The index opened 16 points below its previous close, but it recovered some losses before the close; however, it still ended in the red zone. Overall, 14 out of 21 sectors closed in the red zone, and 164 shares rose while 92 fell. Banks (-0.7%), Materials (-1.0%), and Energy (-0.6%) sectors contributed the most to the index decline. Stockwise, Alrajhi (-0.8%), Saudi Aramco (-0.7%), and ACWA Power (-2.5%) were the major contributors to the index decline. The trading activity witnessed an increase in volume and value of +88% and +91%, respectively, to reach 388mn shares and SAR 7.6bn in value traded.

Market Wrap International:  

U.S. equities closed higher, with the S&P 500 gaining +0.3%, the Dow Jones rising +0.1%, ‎and the Nasdaq advancing +0.4%, supported by continued investor optimism toward ‎technology and AI-related stocks. Market sentiment was further boosted by strong ‎manufacturing data and ongoing expectations of increased AI-driven capital spending.‎

 

European markets ended lower, with the Euro Stoxx 600 declining -0.8%, while the FTSE ‎‎100, DAX, and CAC 40 fell by -0.7%, -0.4%, and -0.4%, respectively. Investor sentiment ‎remained pressured by rising geopolitical risks and elevated energy prices, despite ‎continued resilience in corporate earnings expectations.‎

 

Asian markets delivered mixed performance, with the Kospi leading gains at +3.7%, ‎followed by the Hang Seng (+0.9%) and Nikkei 225 (+0.9%). Meanwhile, the Shanghai ‎Composite declined -0.3%. Regional markets were supported by ongoing AI-related ‎momentum, although uncertainty surrounding Middle East developments and inflation ‎concerns continued to influence trading activity.‎