Tadawul Review:

Tadawul Review: Tadawul All Share Index (TASI) rose on ‎Monday, gaining 3 points (+0.02%) to close at 12,472. The ‎trading session began negatively, with an -18 point decrease ‎compared to the previous close, then fluctuated until the end ‎of the session. In general, 8 out of 21 sectors closed in the ‎‎green zone, and 72 shares rose while 159 fell. Real Estate ‎‎‎(+0.9%), Banks (+0.1%), and Energy (+0.4%) sectors ‎contributed the ‎most to the index rise. Stockwise, Saudi ‎Awwal Bank ‎‎(+2.8%), Aramco (+0.4%), and Riyad Bank ‎‎(+1.7%) ‎were the major contributors. The trading activity ‎witnessed an increase in volume and value of 22% and 26%, ‎respectively, to reach 277mn shares and SAR5.9bn in value ‎traded.‎

 

 

 

 

 

Market Wrap International:

Wall Street rebounded Monday, led by gains in major tech stocks, as investors shrugged off Trump’s latest tariff threats, including new levies on steel and aluminum. The S&P 500 saw broad gains, with energy (+2.15%), information technology (+1.45%), and utilities (+1.07%) leading the way. The S&P 500 gained by 0.7%, the NASDAQ advanced by 1%, and Dow jones industrial edged up by 0.4%.

European markets climbed, with the FTSE 100 reaching an all-time high, as energy and mining stocks led the rally despite renewed trade concerns. The CAC 40 rose by 0.4%, the DAX gained by 0.6%, the Euro STOXX 600 advanced by 0.6%, and the FTSE 100 edged up by 0.8%.

 

Asian markets displayed a mixed performance today, with bargain hunters stepping in despite ongoing concerns over President Trump’s latest tariff actions. The Hang Seng surged by 1.8%, while the Shanghai Composite (SHCOMP) gained 0.6%. The Nikkei 225 saw a modest uptick of 0.04%, whereas the KOSPI edged down slightly by 0.03%.