Tadawul Review: ‎

Tadawul All Share Index (TASI) rose on Monday, ‎gaining 2 points (+0.02%) to close at 10,769.12. The ‎index opened 9 points above its previous close, but ‎before closing it faced selling pressure, yet remained in ‎the green zone. Overall, 11 out of 21 sectors closed in ‎the green zone, and 120 shares rose while 136 fell. ‎Health Care Equipment & Services (+2.6%), Food & ‎Beverages (+1.9%), and Utilities (+0.8%) sectors ‎contributed the most to the index rise. Stockwise, ‎Sulaiman Alhabib (+4.1%), Almarai (+2.2%), and Petro ‎Rabigh (+4.2%) were the major contributors to the ‎index rise. The trading activity witnessed an increase in ‎volume and value of +77% and +87%, respectively, to ‎reach 212mn shares and SAR 4.4bn in value traded.‎

 

 

Market Wrap International:  

U.S. equities ended mixed as investors balanced easing Middle East tensions and a sharp decline in oil prices against caution ahead of a busy week of Federal Reserve policy decisions, major technology earnings, and key U.S. economic data. Rotation into consumer staples and communication services helped offset continued weakness in semiconductor shares, while lower Treasury yields supported broader risk sentiment. The S&P 500 gained 0.02%, the Dow Jones Industrial Average advanced 0.5%, and the NASDAQ declined -0.2%.

European equities ended higher as optimism surrounding the easing in Middle East tensions and lower energy prices improved investor sentiment, although technology shares remained under pressure following weakness in semiconductor-related stocks. Travel and leisure companies benefited from the decline in oil prices, while energy stocks underperformed, with investors also positioning ahead of the Federal Reserve's policy announcement and another round of corporate earnings. The FTSE 100 gained 0.4%, the DAX rose 1.0%, the CAC 40 added 0.4%, and the EURO STOXX 600 edged up 0.02%.

Asian markets traded higher as improved global risk appetite following the de-escalation in Middle East tensions and the sharp fall in oil prices supported buying across the region. Chinese equities outperformed on renewed strength in technology-related shares, while investors continued to monitor upcoming central bank meetings and major U.S. technology earnings for further direction. The SHCOMP gained 1.2%, the Hang Seng advanced 1.0%, the KOSPI rose 1.0%, and the Nikkei 225 increased 0.5%.