Tadawul Review:

Tadawul All Share Index (TASI) rose on Tuesday, ‎gaining 48 points (+0.4%) to close at 11,099. The index ‎opened 42 points below its previous close, showed little ‎fluctuation in negative territory, and then gradually ‎increased until the end of the session. Overall, 11 out of ‎‎21 sectors closed in the green zone, and 120 shares rose ‎while 132 fell. Banks (+0.9%), Food and beverages ‎‎(+1.8%), and Real Estate (+1.1%) sectors contributed the ‎most to the index rise. Stockwise, Al Rajhi Bank ‎‎(+1.3%), Almarai (+2.3%), and Sabic (+1.2%) were the ‎major contributors. The trading activity witnessed an ‎increase in volume and value of 16% and 9%, ‎respectively, to reach 216mn shares and SAR4.3bn in ‎value traded.‎

 

 

Market Wrap International:

U.S. equities fell sharply as tech-led risk aversion deepened ahead of a major AI earnings release, with renewed valuation pressure dragging semiconductors, software, and megacaps lower. Cautious Fed commentary continued to cool expectations for early policy easing, while softer consumer-related signals added to the defensive tone across cyclicals. The S&P 500 fell -0.8%, the Dow -1.1%, and the Nasdaq -1.2%.

European markets tracked the global pullback, pressured by weakness in technology, industrials, and luxury as sentiment deteriorated alongside U.S. futures. Rising uncertainty around the policy outlook and ongoing concerns over slowing regional growth momentum weighed broadly on risk appetite, leaving most major benchmarks near session lows. The FTSE 100 declined -1.3%, the DAX -1.7%, the CAC -1.9%, and the Euro Stoxx 600 -1.7%.

Asian equities posted the deepest losses as foreign outflows accelerated in tech-heavy markets, with Korea and Japan hit by a sharp unwind in semiconductor and AI-linked names. Persistent concerns about regional demand momentum and currency volatility added further pressure, contributing to widespread selling across export-exposed sectors. The SHCOMP slipped -0.8%, the Kospi -3.3%, the Nikkei 225 -3.2%, and the Hang Seng -1.7%.