Tadawul Review:

Tadawul All Share Index (TASI) rose for the sixth ‎‎consecutive ‎day on Wednesday, gaining 52 points (+0.47%) ‎‎to close at ‎‎10,945. The index opened slightly above ‎its ‎previous close, then ‎fell into the negative territory and gradually increasing ‎‎through ‎to the end of the session. In general, 6 out of ‎‎‎21 sectors closed ‎in the green zone, and 90 shares ‎rose ‎while 171 fell. Banks ‎‎(+1.1%), Materials (+0.7%), and ‎‎ Utilities (+1.4%) sectors ‎contributed the most to the ‎‎index rise. Stockwise, Al Rajhi Bank ‎‎(+1.0%), Saudi National bank ‎‎‎(+1.7%), and ACWA Power ‎‎(+2.7%) were the major ‎‎contributors. The trading activity ‎witnessed an ‎increase ‎in volume and value of 34% and 13%, ‎‎respectively, to ‎reach 374mn shares and SAR9.2bn in ‎value ‎traded.‎

 

 

 

 

 

Market Wrap International:

U.S. equities ended lower as Wall Street pulled back amid mixed ‎earnings and macro signals, with banking sector results ‎disappointing and broader indices retreating after recent gains. ‎The S&P 500 declined -0.2%, the Dow Jones fell -0.8%, and the ‎NASDAQ eased -0.1% as profit-taking emerged and investor ‎caution increased ahead of upcoming economic data and ‎inflation readings. The pullback followed a broader pause in U.S. ‎market rallies after recent strong performances, with sentiment ‎sensitive to earnings beats and misses across key sectors.‎

European equities ended on a mixed but subdued tone after ‎tracking Wall Street’s weaker cues, with local markets showing ‎limited momentum in the absence of fresh catalysts. The FTSE ‎‎100 slightly fell by -0.03%, the DAX rose 0.1%, the CAC ‎declined -0.14%, and the EURO STOXX 600 slipped -0.1%, ‎reflecting cautious positioning ahead of regional earnings and ‎data releases. European sentiment mirrored U.S. risk aversion, ‎while some defensive sectors provided mild support amid ‎broader hesitancy.‎

Asian markets are trading with a divergence between strong ‎gains in Japan and broader mixed performance across the region ‎as global risk sentiment remains uneven. The Nikkei 225 ‎advanced 3.1%, the KOSPI rose 1.5%, and the Hang Seng ‎climbed 0.9%, while the Shanghai Composite SHCOMP eased -‎‎0.6% on renewed profit-taking after recent rallies. Japanese ‎equities led Asian performance on record highs and positive ‎domestic flows, while Chinese benchmarks lagged amid selective ‎sector consolidation.‎