Reports

2026-08-04

Daily Market Monitor 04-08-2026

Tadawul Review:

Tadawul All Share Index (TASI) rose on Monday, gaining 118 points (+1.10%) to close at 10,823.62. The index opened 4 points above its previous close, but before closing it faced selling pressure, yet remained in the green zone. Overall, 21 out of 21 sectors closed in the green zone, and 224 shares rose while 32 fell. Energy (+2.1%), Real Estate Management & Development (+2.9%), and Utilities (+2.7%) sectors contributed the most to the index rise. Stockwise, Saudi Aramco (+2.0%), ACWA Power (+2.6%), and Jabal OMAR (+8.5%) were the major contributors to the index rise. The trading activity witnessed an increase in volume and value of +90% and +69%, respectively, to reach 336mn shares and SAR 6.3bn in value traded.

 

 

Market Wrap International:  

U.S. equities ended higher as easing concerns over Middle East tensions, lower Treasury yields, and another round of solid corporate earnings improved investor sentiment, with continued strength in artificial intelligence-related companies supporting gains across the technology sector. Lower oil prices also encouraged broader risk appetite, although energy shares lagged the wider market following the decline in crude prices. The S&P 500 advanced 1.5%, the Dow Jones Industrial Average gained 1.3%, and the NASDAQ climbed 2.1%.

European equities ended mixed as lower oil prices weighed on energy stocks but helped improve the broader inflation outlook, while upbeat corporate earnings and strength in technology and industrial shares lifted continental markets. London's energy-heavy benchmark underperformed its regional peers, whereas investors continued to focus on earnings and the improving global risk environment. The FTSE 100 slipped -0.1%, the DAX gained 1.5%, the CAC 40 rose 1.2%, and the EURO STOXX 600 advanced 0.4%.

Asian markets are trading mixed as investors assess the positive lead from Wall Street against regional headwinds, with technology shares remaining under pressure in South Korea while Chinese equities were weighed by cautious domestic sentiment. Hong Kong stocks edged higher on gains in internet and consumer-related companies, while Japanese equities declined amid profit-taking and currency-related pressure. The SHCOMP fell -0.6%, the KOSPI dropped -5.1%, the Nikkei 225 declined -0.9%, and the Hang Seng gained 0.5%.

Daily Market Monitor 04-08-2026