Tadawul Review:

Tadawul All Share Index (TASI) fell on Tuesday, ‎dropping 22 points (-0.19%) to close at 11,344.96. The ‎index opened 28 points above its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 10 out of 21 sectors ‎closed in the red zone, and 118 shares rose while 138 ‎fell. Materials (-0.8%), Banks (-0.1%), and Health Care ‎Equipment & Services (-0.8%) sectors contributed the ‎most to the index decline. Stockwise, SNB (-2.4%), ‎Sabic AGRI-Nutrients (-3.8%), and Sulaiman Alhabib (-‎‎1.4%) were the major contributors to the index decline. ‎The trading activity witnessed an increase in volume ‎and value of +7% and +9%, respectively, to reach 276mn ‎shares and SAR 5.6bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended lower as renewed uncertainty around Middle ‎East tensions and elevated oil prices weighed on sentiment, ‎offsetting pockets of earnings-driven support and keeping ‎investors cautious after recent gains. Energy shares outperformed ‎on higher crude prices, while technology names saw mild profit-‎taking and broader risk appetite remained contained. The S&P ‎‎500 fell -0.6%, the NASDAQ declined -0.6%, and the Dow Jones ‎Industrial Average dropped -0.6%.‎

European equities ended weaker, tracking the softer global tone ‎as geopolitical uncertainty and rising energy costs pressured ‎sentiment, while disappointing corporate updates added to ‎downside in cyclical sectors. Aerospace and defence stocks led ‎declines following earnings-related weakness, while defensive ‎sectors also lagged, with only limited support from energy. The ‎FTSE 100 declined -1.0%, the DAX fell -0.6%, the CAC 40 ‎dropped -1.1%, and the EURO STOXX 600 slipped -0.9%.‎

Asian markets are trading higher as technology-driven optimism ‎and resilient regional sentiment supported gains despite ongoing ‎geopolitical concerns and currency pressures linked to elevated ‎oil prices. Semiconductor and AI-related stocks led advances, ‎particularly in North Asia, while mainland Chinese equities ‎remained more muted. China’s SHCOMP rose 0.1%, South ‎Korea’s KOSPI gained 2.7%, Japan’s Nikkei 225 advanced 0.9%, ‎and Hong Kong’s Hang Seng increased 0.5%.‎