Tadawul Review:

Tadawul All Share Index (TASI) rose on Sunday, ‎gaining 11 points (+0.10%) to close at 10,818.98. The ‎index opened 3 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 12 out of 21 sectors closed in ‎the green zone, and 135 shares rose while 117 fell. ‎Materials (+1.1%), Energy (+0.2%), and Capital Goods ‎‎(+1.5%) sectors contributed the most to the index rise. ‎Stockwise, Maaden (+1.8%), Saudi Aramco (+0.2%), and ‎Sabic (+1.3%) were the major contributors to the index ‎rise. The trading activity witnessed a decrease in ‎volume and value of -30% and -46%, respectively, to ‎reach 126mn shares and SAR 2.2bn in value traded.‎

 

Market Wrap International:  

U.S. equities ended mixed as investors continued to favor technology and artificial intelligence-linked shares, while rising oil prices and renewed tensions in the Middle East reinforced concerns that inflation could remain elevated and keep the Federal Reserve cautious on policy easing. Gains in large-cap technology stocks offset weakness in more cyclical sectors, and attention increasingly shifted toward the start of the second-quarter earnings season and upcoming inflation data. Major European markets then struggled to sustain recent momentum as investors weighed geopolitical risks and a pullback in technology shares, with miners and travel-related stocks providing some support but broader sentiment remaining restrained amid higher energy prices and uncertainty over the outlook for global growth. In Asia, the final trading session of the week was led by a rebound in semiconductor and AI-related shares, with investors largely looking through earlier disruptions in the Middle East and focusing instead on strong demand expectations for technology and continued interest in chipmakers ahead of the earnings season.