Tadawul Review:

Tadawul All Share Index (TASI) fell on Monday, ‎dropping 116 points (-1.06%) to close at 10,792.15. The ‎index opened 2 points below its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 16 out of 21 sectors ‎closed in the red zone, and 110 shares rose while 147 ‎fell. Banks (-1.2%), Energy (-1.8%), and Materials (-1.9%) ‎sectors contributed the most to the index decline. ‎Stockwise, Saudi Aramco (-1.8%), SNB (-2.2%), and ‎Alrajhi (-0.8%) were the major contributors to the index ‎decline. The trading activity witnessed an increase in ‎volume and value of +69% and +76%, respectively, to ‎reach 247mn shares and SAR 4.4bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended higher as easing Middle East tensions and renewed optimism surrounding artificial intelligence-related technology shares lifted risk appetite, while investors also looked ahead to the upcoming earnings season after last week's technology-led pullback. Semiconductor and megacap technology stocks led the advance, helping offset lingering caution over the U.S. interest-rate outlook, with improving market sentiment also supporting broader cyclical sectors. The S&P500 rose 1.2%, the Dow Jones Industrial Average gained 0.6%, and the NASDAQ advanced 2.1%.

European equities ended mixed as technology shares rebounded in line with Wall Street, while weakness in construction and selected industrial stocks limited broader gains. Investors also remained attentive to developments surrounding the European Central Bank policy outlook and corporate updates, with improving technology sentiment offsetting cautious positioning elsewhere. The FTSE100 declined -0.2%, the DAX fell -0.2%, the CAC40 slipped -0.2%, while the EURO STOXX600 edged higher by 0.04%.

Asian markets ended mixed as investors balanced stronger regional technology sentiment with quarter-end portfolio repositioning and currency developments. Chinese and Hong Kong equities outperformed on improving risk appetite and buying in technology shares, while South Korean stocks edged lower as investors continued to lock in recent gains. The SHCOMP gained 1.2%, the Hang Seng rose 1.6%, the Nikkei225 advanced 0.2%, and the KOSPI declined -0.2%.