Tadawul Review: ‎

Tadawul All Share Index (TASI) fell on Wednesday, ‎dropping 25 points (-0.26%) to close at 9,926.62. The ‎index opened 3 points above its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 15 out of 21 sectors ‎closed in the red zone, and 59 shares rose while 204 ‎fell. Banks (-0.6%), Real Estate Management & ‎Development (-2.2%), and Health Care Equipment & ‎Services (-1.4%) sectors contributed the most to the ‎index decline. Stockwise, Alinma (-5.0%), Albilad (-‎‎3.3%), and ANB (-2.6%) were the major contributors to ‎the index decline. The trading activity witnessed a ‎decrease in volume of -0% to reach 262mn shares, while ‎value witnessed an increase of +8% to reach SAR 4.1bn ‎in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended higher as stronger corporate earnings and ‎renewed optimism around artificial-intelligence infrastructure ‎supported technology shares, helping the NASDAQ outperform ‎the broader market. Results from major technology and AI-‎related companies, including SpaceX and Super Micro Computer, ‎improved sentiment, although concerns about the cost and ‎profitability of AI investment remained in focus. Healthcare and ‎other earnings-sensitive sectors also contributed to the broader ‎market’s resilience, with the S&P 500 gaining 0.6%, the Dow ‎Jones Industrial Average advancing 0.7%, and the NASDAQ ‎rising 1.05%. ‎

European equities ended higher as stronger corporate earnings ‎and gains in technology and luxury shares helped offset concerns ‎over French political uncertainty and rising government bond ‎yields. Randstad and EssilorLuxottica led individual stock gains ‎following encouraging results, while UK inflation above ‎expectations reinforced concerns about a potentially tighter Bank ‎of England policy outlook. The FTSE 100 gained 0.2%, the DAX ‎advanced 1.3%, the CAC 40 rose 1.1%, and the EURO STOXX ‎‎600 added 0.9%. ‎

Asian markets are trading with a more cautious tone as ‎uncertainty surrounding artificial-intelligence investment returns ‎and Middle East tensions weigh on sentiment, despite stronger ‎earnings from major technology companies. South Korea’s earlier ‎rally reflected renewed buying in semiconductor stocks, while ‎weakness in mainland China and Hong Kong highlighted uneven ‎regional risk appetite; Japan’s export growth also provided ‎support to its technology-linked market. Based on your supplied ‎index figures, the SHCOMP declined 0.6%, the KOSPI gained ‎‎3.3%, the Nikkei 225 advanced 0.9%, and the Hang Seng fell ‎‎0.9%. These figures reflect the supplied market changes rather ‎than verified live moves for the current Asian session.‎