Tadawul Review:

Tadawul All Share Index (TASI) fell on Sunday, ‎dropping 29 points (-0.25%) to close at 11,314.64. The ‎index opened 44 points below its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 17 out of 21 sectors ‎closed in the red zone, and 100 shares rose while 159 ‎fell. Utilities (-1.4%), Banks (-0.1%), and Real Estate ‎Management & Development (-0.6%) sectors ‎contributed the most to the index decline. Stockwise, ‎ACWA Power (-1.9%), BSF (-1.4%), and Sabic (-1.1%) ‎were the major contributors to the index decline. The ‎trading activity witnessed a decrease in volume and ‎value of -17% and -36%, respectively, to reach 225mn ‎shares and SAR 3.4bn in value traded.‎

 

Market Wrap International:

U.S. equities ended with a more cautious tone as investors reacted to renewed geopolitical uncertainty in the Middle East following the collapse of ceasefire talks and the announcement of potential supply disruptions, which pushed oil prices higher and reinforced concerns around inflation and interest rate expectations. Rising energy prices and firm yields weighed on broader risk appetite, while sector performance appeared mixed with energy outperforming and rate-sensitive segments facing pressure, leaving major markets without a clear directional trend into the start of earnings season.

European markets reflected a similarly cautious backdrop, with sentiment constrained by the implications of higher energy costs and inflation risks for the regional growth outlook, while investors remained attentive to central bank policy signals and global developments. Sector moves were selective, as energy-related names found support from higher oil prices while cyclicals and interest rate-sensitive sectors saw more subdued demand, keeping major markets broadly steady with a defensive bias.

Asian markets are trading under pressure at the start of the week, as the surge in oil prices and rising bond yields weighed on regional risk sentiment, particularly across export-oriented and technology sectors. Currency movements and inflation concerns added to the cautious tone, while investors adjusted positioning in response to the evolving geopolitical backdrop, leaving major markets generally weaker across the region.