Tadawul Review:

Tadawul All Share Index (TASI) rose for the fifth consecutive day on Tuesday, gaining 111 points (+0.99%) to close at 11,382. The index opened 21 points above its previous close. It initially declined slightly, then rebounded and gradually increased until the close. In general, 17 out of 21 sectors closed in the green zone, and 204 shares rose while 56 fell. Banks (+2.0%), Real Estate (+2.3%), and Telecommunications (+0.8%) sectors contributed the most to the index rise. Stockwise, Al Rajhi Bank (+2.0%), Saudi National Bank (+3.4%), and Sabic (+2.8%) were the major contributors. The trading activity witnessed an increase in volume and value of 30% and 20%, respectively, to reach 327mn shares and SAR6.6bn in value traded.

 

 

 

Market Wrap International:

U.S. equities ended mixed as broad market benchmarks reflected ‎divergent sector performance following a record high in the S&P ‎‎500 and continued macro uncertainty, with sentiment influenced ‎by expectations that the Federal Reserve will keep interest rates ‎steady and ongoing U.S. dollar weakness. The technology-led ‎Nasdaq Composite gained, helped by strong earnings ‎momentum, while value-oriented and cyclical stocks lagged, ‎weighing on the Dow. The S&P 500 rose 0.4%, the Dow Jones ‎Industrial Average declined 0.8%, and the Nasdaq Composite ‎gained 0.9%.‎

European equities ended modestly higher overall, with investors ‎remaining cautious amid mixed earnings and trade developments ‎and a backdrop of geopolitics and monetary policy positioning; ‎the FTSE 100 advanced on stronger mining and financials, and ‎broader markets reflected appetite for risk ahead of key global ‎data, while German equities lagged marginally reflecting ongoing ‎sector rotation. The FTSE 100 gained 0.6%, the DAX declined ‎‎0.2%, the CAC 40 advanced 0.3%, and the EURO STOXX 600 ‎rose 0.6%.‎

 

Asian markets are trading higher as regional sentiment improves ‎with a weaker U.S. dollar and selective gains across major ‎benchmarks, led by strong performance in South Korea and ‎Hong Kong amid tech and export demand, while mainland ‎Chinese shares and Japan’s market advance more moderately; ‎export-oriented sectors and cyclical names have supported ‎indices despite mixed external cues. The SHCOMP rose 0.2%, ‎the KOSPI advanced 2.7%, the Nikkei 225 rose 0.8%, and the ‎Hang Seng gained 1.4%.‎