Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, ‎dropping 49 points (-0.45%) to close at 10,893.27. The ‎index opened 4 points above its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 15 out of 21 sectors ‎closed in the red zone, and 88 shares rose while 173 ‎fell. Media and Entertainment (-2.2%), Consumer ‎Services (-1.4%), and Software & Services (-1.2%) sectors ‎contributed the most to the index decline. Stockwise, ‎Saudi Aramco (-1.1%), BSF (-2.4%), and SAB (-2.1%) ‎were the major contributors to the index decline. The ‎trading activity witnessed an increase in volume and ‎value of +5% and +2%, respectively, to reach 236mn ‎shares and SAR 5.0bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended lower as elevated oil prices and persistent Middle East tensions raised concerns about inflation and the policy outlook, prompting investors to reduce exposure to risk assets while technology and other growth-oriented sectors faced renewed selling pressure. Higher energy costs reinforced worries that inflation could remain sticky and delay potential interest-rate easing, keeping sentiment cautious across Wall Street. The S&P500 declined -0.6%, the Dow Jones Industrial Average fell -0.3%, and the NASDAQ dropped -0.9%.

European equities ended lower as investors weighed the economic implications of ongoing Middle East tensions and higher energy prices, which raised concerns about inflation and growth across the region. Banks, industrials, and other cyclical sectors faced pressure while investors remained cautious ahead of macroeconomic signals and central bank commentary. The FTSE100 fell -0.4%, the DAX declined -0.6%, the CAC40 dropped -0.9%, and the EURO STOXX 600 slipped -0.5%.

Asian markets are trading lower as the weaker global risk tone and concerns about energy-driven inflation pressured regional equities, with technology and export-oriented companies leading declines. Investors remained cautious as geopolitical tensions and volatile commodity prices weighed on sentiment across the region’s major benchmarks. China’s SHCOMP fell -0.8%, South Korea’s KOSPI declined -1.7%, Japan’s Nikkei225 dropped -1.2%, and Hong Kong’s Hang Seng slipped -1.0%.