Tadawul Review:

The Tadawul All Share Index (TASI) fell on Sunday, losing 89 points (-0.8%) to close at 11,494. The index opened 212 points below its previous close and rose steadily through the session, trimming most of its losses before ending in negative territory. Overall, 19 out of 21 sectors closed in the red zone, while 211 shares fell and 53 rose. Banks (-1.0%), Energy (-1.2%), and Materials (-0.7%) sectors contributed the most to the index fall. Stockwise, Al Rajhi Bank (-1.4%), Aramco (-1.4%), and Saudi National Bank (-1.2%) were the major contributors. The trading activity witnessed a decrease in volume and value of -9% and -1%, respectively, to reach 233 mn shares and SAR 4.7 bn in value traded.

 

Market Wrap International:

Global markets ended last week lower as renewed U.S.–China trade tensions and cautious Federal Reserve messaging reignited risk aversion, erasing earlier optimism across equities. A wave of tariff announcements and weaker economic data weighed on technology and growth names, while safe-haven demand lifted bonds and gold. European markets followed Wall Street lower amid political strain in France and persistent fiscal worries, and sentiment in Asia softened as China’s trade and currency pressures offset strength in South Korea, leaving global risk appetite subdued into the week’s close.