Tadawul Review:

Tadawul All Share Index (TASI) rose on Thursday, ‎gaining 83 points (+0.7%) to close at 11,764. The trading ‎session began positively, with a 13-point increase ‎compared to the previous close, and continued to ‎gradually increase until the end of the session. The ‎index advanced to the highest closing level since April ‎‎3. However, it started to recover after the midpoint of ‎the session, closing in the green zone. In general, 19 out ‎of 21 sectors closed in the ‎green zone, and 173 shares ‎rose while 67 fell. Materials ‎‎(+2.5%), Banks (+0.4%), and ‎Telecommunications (+1.8%) sectors contributed the ‎‎most to the index rise. Stockwise, Maaden (5.7%), Al ‎Rajhi Bank (+0.8%), and Saudi Telecom (+1.5%) ‎were the ‎major contributors. The trading activity witnessed an ‎increase in volume and value of 35% and 14% ‎respectively, to reach 398mn shares and SAR7.0bn in ‎value traded.‎

Market Wrap International:

US stock indices rose on Friday, with Wall Street supported by strong gains in technology-related ‎shares, particularly in the semiconductor sector. Investors largely looked past ongoing tariff ‎uncertainty, focusing instead on potential signs of easing U.S.-China trade tensions. The ‎Semiconductors & Semiconductor Equipment sector climbed 2.91%, Consumer Discretionary rose ‎‎1.96%, and Information Technology advanced 1.62%. The S&P 500 rose by ‎‏0.7‏‎%, NASDAQ gained by ‎‏1.3‏‎%, and Dow Jones Industrial Average advanced by ‎‏0.1‏‎%.‎

European shares edged higher, supported by optimism over a potential easing in U.S.-China trade ‎tensions and boosted further by positive corporate earnings reports. The STOXX 600 edged up ‎‏0.4‏‎%, DAX advanced ‎‏0.8‏‎%, France’s CAC 40 posted gains of ‎‏0.4‏‎%, and FTSE 100 climbed ‎‏0.1‏‎%.‎

Asia-Pacific markets advanced, following Wall Street’s third consecutive day of gains, fueled by a tech-‎led rally and optimism over easing U.S.-China trade tensions, alongside hopes for potential Federal ‎Reserve rate cuts. Japan’s Nikkei 225 gained ‎‏1.9‏‎%, the KOSPI advanced ‎‏1.0‏‎%, and Hang Seng ‎increased ‎‏0.3‏‎%, while the SHCOMP fell ‎‏0.1-‏‎%.‎