Tadawul Review:

Tadawul All Share Index (TASI) fell on ‎Tuesday, ‎slipping 5 points (-0.04%) to close at 10,912. ‎The index ‎opened 15 points below its previous close, ‎fluctuated ‎early in the session, then edged higher until ‎mid-session ‎before reversing course and closing in the ‎red zone. In ‎general, 16 out of 21 sectors closed in the ‎red zone, ‎while 194 shares fell and 68 rose. Utilities (-‎‎1.0%), Banks ‎‎(-0.1%), and Health care equipment and ‎services (-0.9%) ‎sectors contributed the most to the ‎index fall. ‎Stockwise, Al Rajhi Bank (-0.3%), Sabic (-‎‎2.0%), and ‎ACWA Power (-1.2%) were the major ‎contributors. The ‎trading activity witnessed a decrease ‎in volume of -3% ‎to reach 194mn shares, while the value ‎rose by 2% to ‎reach SAR4.0bn in value traded.‎

 

 

 

Market Wrap International:

U.S. equities ended lower as rising Treasury yields and renewed ‎caution around the Federal Reserve’s policy outlook triggered ‎broad risk-off positioning, with technology and other growth ‎sectors leading declines. Investors pared exposure ahead of ‎upcoming macro data, while weakness in megacap stocks ‎amplified losses across benchmarks. The NASDAQ declined -‎‎2.4%, the S&P 500 fell -2.1%, and the Dow Jones Industrial ‎Average dropped -1.8%, their worst since October 10.‎

European equities ended weaker, tracking Wall Street’s selloff as ‎global risk sentiment deteriorated and higher yields pressured ‎equity valuations. Cyclical sectors, including industrials and ‎financials, underperformed, while defensives offered limited ‎support amid cautious earnings and macro signals. The FTSE ‎‎100 slipped -0.7%, the DAX declined -1.0%, the CAC 40 fell -‎‎0.6%, and the EURO STOXX 600 eased -0.7%.‎

 

Asian markets traded lower as negative cues from U.S. equities ‎and persistent concerns around global growth weighed on ‎sentiment, with export-oriented and technology shares under ‎pressure. Mainland Chinese stocks were little changed as policy ‎support expectations offset weak risk appetite, while Japan and ‎South Korea followed the broader regional decline. The Nikkei ‎‎225 fell -1.1%, the KOSPI declined -0.4%, the Hang Seng slipped ‎‎-0.3%, and the SHCOMP edged down -0.01%.‎