Tadawul Review: ‎

Tadawul All Share Index (TASI) rose on Wednesday, gaining 37 points (+0.37%) to close at 10,023.47. The index opened 50 points above its previous close, but before closing it faced selling pressure, yet remained in the green zone. Overall, 17 out of 21 sectors closed in the green zone, and 207 shares rose while 52 fell. Real Estate Management & Development (+0.7%), Consumer Staples Distribution & Retail (+7.3%), and Insurance (+1.5%) sectors contributed the most to the index rise. Stockwise, Alinma (+1.7%), SNB (+0.7%), and BSF (+1.7%) were the major contributors to the index rise. The trading activity witnessed a decrease in volume and value of -21% and -27%, respectively, to reach 348mn shares and SAR 5.2bn in value traded.

 

Market Wrap International: 

U.S. equities ended higher as ‎the Federal Reserve held interest rates steady, while its ‎assessment of economic growth remained firm despite ‎persistent inflation. Technology shares supported the ‎advance as investors assessed corporate earnings and the ‎implications of the Fed’s cautious policy stance for ‎borrowing costs. The S&P 500 gained 0.3%, the Dow Jones ‎Industrial Average advanced 0.2%, and the NASDAQ rose ‎‎0.3%. ‎

European equities ended modestly higher as gains in ‎financials and selected corporate earnings helped offset ‎pressure from rising oil prices and weaker results in some ‎sectors. Investors also positioned ahead of the European ‎Central Bank’s policy decision, while mining and media ‎shares faced headwinds. The FTSE 100 gained 0.1%, the ‎DAX rose 0.4%, the CAC 40 declined 0.002%, and the ‎EURO STOXX 600 advanced 0.1%. ‎

Asian markets are trading against a backdrop of strong ‎demand for artificial-intelligence-related semiconductors, ‎with South Korea benefiting from SK Hynix’s stronger ‎earnings and outlook, while Chinese technology shares ‎also drew support from renewed interest in AI-related ‎stocks. Regional sentiment remains sensitive to global ‎technology earnings and central-bank policy expectations. ‎The Shanghai Composite gained 0.9%, the KOSPI ‎advanced 6.6%, Japan’s Nikkei 225 rose 1.1%, and Hong ‎Kong’s Hang Seng added 0.2%.‎

 

 

 

 

 

 

 

 

 

 

 

 

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