Tadawul Review:

Tadawul All Share Index (TASI) fell for the Sixth ‎consecutive day on Monday, declining by -26 points  (-0.25%) to close at 10,671. The index opened slightly ‎above the previous closing level but quickly lost ‎momentum. The index then recovered briefly before it ‎gradually decline into the negative territory until the ‎end of the session. Overall, 14 out of 21 sectors closed ‎in the red zone, while 186 shares fell and 61 rose. Banks ‎‎(-0.2%), Energy (-0.8%), and Real Estate (-1.2%) sectors ‎contributed the most to the index fall. Stockwise, ‎Aramco (-0.8%), Arab National Bank (-4.6%), and Saudi ‎Fransi (-2.5%) were the major contributors. The trading ‎activity witnessed a decrease in volume by -12%, and ‎increase in value by 23%, to reach 208mn shares and ‎SAR3.9bn in value traded.‎

 

 

Market Wrap International:

U.S. markets were closed on Monday for the Labor Day holiday.

European markets posted modest gains as investors weighed improving economic sentiment ahead of key U.S. jobs data later this week. The FTSE 100 rose0.1%, the DAX 0.6%, the CAC 40 0.1%, and the Euro STOXX 600 0.2%.

Asian markets were mixed. The Shanghai Composite advanced 0.5% and the Hang Seng surged 2.2%, driven by strong gains in Alibaba and other technology shares, while the Kospi declined -1.4% and the Nikkei 225 -1.2% amid regional caution.