Tadawul Review:

Tadawul All Share Index (TASI) fell on Tuesday, ‎dropping 84 points (-0.75%) to close at 11,006.97. The ‎index opened 13 points below its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 20 out of 21 sectors ‎closed in the red zone, and 44 shares rose while 216 ‎fell. Banks (-0.9%), Materials (-1.0%), and Health Care ‎Equipment & Services (-1.9%) sectors contributed the ‎most to the index decline. Stockwise, Alrajhi (-1.0%), ‎SNB (-1.7%), and Maaden (-1.4%) were the major ‎contributors to the index decline. The trading activity ‎witnessed a decreased in volume and value of -5% and -17%, respectively, to reach 299mn shares and SAR ‎‎6.1bn in value traded.‎

 

Market Wrap International:

U.S. equities ended higher as strong gains in technology and semiconductor shares, supported by ongoing AI-driven optimism and solid corporate earnings expectations, lifted overall market sentiment, while easing geopolitical concerns and steady economic data reinforced risk appetite. Broad participation across sectors, led by information technology and materials, offset earlier caution tied to interest rate expectations. The S&P 500 rose 0.8%, the NASDAQ gained 1.0%, and the Dow Jones Industrial Average advanced 0.7%.

European equities ended mixed as regional markets balanced positive global momentum against local pressures, with strength in industrials and cyclical sectors on the continent offset by weakness in the UK amid commodity and currency-related headwinds. Investor sentiment remained selective as markets assessed earnings trends and global macro signals, while energy and financials showed divergence across indices. The DAX gained 1.7%, the CAC 40 rose 1.1%, and the EURO STOXX 600 advanced 0.7%, while the FTSE 100 declined -1.4%.

Asian markets ended with limited activity as several major markets remained closed, while Hong Kong equities declined amid cautious sentiment despite supportive global cues from U.S. technology-led gains. Regional investors remained attentive to external drivers including global growth signals and technology sector momentum, though participation was subdued due to market holidays in parts of the region. The Hang Seng fell -0.8%, while China’s SHCOMP, Japan’s Nikkei 225, and South Korea’s KOSPI were closed.