Tadawul Review:

Tadawul All Share Index (TASI) fell on Sunday, ‎dropping 58 points (-0.5%) to close at 11,244. The index ‎opened 14 points below its previous close. In the first ‎‎15 minutes, it dropped sharply by around 80 points, ‎then stabilized until mid-session before recovering ‎some losses, but still closed in the red zone. Overall, 18 ‎out of 21 sectors closed in the red zone, while 200 ‎shares fell and 51 rose. Materials (-1.0%), Real Estate (-‎‎2.3%), and Energy (-0.5%) sectors contributed the most ‎to the index fall. Stockwise, Aramco (-0.5%), Sulaiman ‎Al Habib (-2.4%), and Umm Al Qura for Development & ‎Construction (-4.6%) were the major contributors. The ‎trading activity witnessed a decrease in volume and ‎value of -28% and -31%, respectively, to reach 158mn ‎shares and SAR3.0bn in value traded.‎

 

 

Market Wrap International:

Global markets ended last week mixed as investors weighed moderating U.S. economic data, shifting monetary-policy expectations, and ongoing geopolitical risks. In the U.S., sentiment cooled after softer labor figures and cautious Federal Reserve commentary tempered optimism about near-term rate cuts, while elevated valuations in technology and growth stocks continued to draw scrutiny. In Europe, markets tracked Wall Street lower amid persistent inflation pressures, weak industrial activity, and uncertainty around the ECB’s policy path, though select corporate earnings provided limited support. Across Asia, trading was restrained as renewed foreign outflows, sluggish export momentum, and currency weakness offset optimism over incremental policy support from Chinese authorities and improving regional trade indicators.