Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 142 points (+1.30%) to close at 11,115.37. The ‎index opened 12 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 18 out of 21 sectors closed in ‎the green zone, and 203 shares rose while 53 fell. Banks ‎‎(+1.7%), Utilities (+5.3%), and Real Estate Management ‎& Development (+1.9%) sectors contributed the most to ‎the index rise. Stockwise, SNB (+4.2%), ACWA Power ‎‎(+7.7%), and Alrajhi (+0.9%) were the major ‎contributors to the index rise. The trading activity ‎witnessed an increase in volume and value of +17% and ‎‎+33%, respectively, to reach 316mn shares and SAR ‎‎7.6bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended mixed as renewed selling in technology and ‎semiconductor shares weighed on growth stocks, while investors ‎also remained focused on geopolitical developments in the ‎Middle East and upcoming U.S. inflation data. Defensive sectors ‎attracted some support as market participants reassessed ‎interest-rate expectations following recent economic data, while ‎chipmakers remained under pressure after the previous session’s ‎rebound faded. The NASDAQ declined -1.0%, the S&P 500 fell -‎‎0.3%, and the Dow Jones Industrial Average rose 0.2%. ‎

European equities ended lower as caution surrounding Middle ‎East tensions and softer risk appetite weighed on sentiment ‎across the region. Banks, energy shares and other cyclical sectors ‎lagged, while investors also monitored economic data and ‎corporate developments for signs of slowing momentum. The ‎FTSE 100 declined -1.4%, the DAX fell -0.7%, the EURO STOXX ‎‎600 dropped -0.5%, while the CAC 40 rose 0.1%. ‎

Asian markets ended mostly higher as investors returned to ‎selected technology and artificial-intelligence-related shares after ‎recent volatility, while improving sentiment toward regional ‎growth supported mainland Chinese, Japanese and South Korean ‎equities. Semiconductor-related stocks helped drive gains in ‎several markets, although trading remained selective as investors ‎continued to monitor global interest-rate expectations and ‎geopolitical developments. The SHCOMP gained 1.3%, the ‎KOSPI advanced 8.2%, the Nikkei 225 rose 2.2%, while the Hang ‎Seng declined -0.4%.‎