Tadawul Review:  

Tadawul All Share Index (TASI) rose on Monday, ‎gaining 30 points (+0.3%) to close at the 11,345 level. ‎TASI opened 5 points higher than the previous close, ‎then experienced fluctuations during the first hours ‎before gradually increasing. Despite showing some ‎selling pressure, it closed in the green zone. In general, 17 out of 21 sectors closed in the green zone, and 132 ‎shares rose while 116 fell. Energy (+0.8%), Real Estate ‎‎(+1.0%), and Telecommunications (+0.5%) sectors ‎contributed the most to the index rise. Stockwise, ‎Aramco (+0.8%), Saudi National Bank (+0.8%), and Dar ‎Al Arkan (+3.6%) were the major contributors. The ‎trading activity witnessed an increase in volume and ‎value of 93% and 29%, respectively, to reach 415mn ‎shares and SAR5.5bn in value traded.‎

 

 

Market Wrap International:

U.S. stocks fell on Monday as President Donald Trump reignited trade tensions by announcing new 25% tariffs on imports from South Korea and Japan. The move, detailed in official letters sent to affected countries, unsettled investors and weighed on market sentiment. Sector losses were led by Consumer Discretionary (-1.26%), Materials (-1.04%), and Energy (-1.00%). The Dow Jones Industrial Average decreased by -0.9%, the S&P 500 declined by -0.8%, and the Nasdaq saw a decrease of -0.9%.

European stocks closed higher, supported by strength in technology and banking shares, as investors looked ahead to potential trade deal announcements from the White House ahead of President Trump’s looming tariff deadline. The FTSE 100 fell by -0.2%, while the CAC 40 gained by 0.4%, the DAX saw an increase of 1.2%, and the Euro STOXX 600 climbed by 0.4%.

Asian markets ended mixed as investors reacted to last-minute trade negotiations ahead of President Trump’s tariff deadline. While his comments suggesting the levies wouldn’t take effect until next month offered some relief, overall sentiment remained cautious. The KOSPI showed an increase of 0.2% and the SHCOMP climbed by 0.02%. In contrast, the Hang Seng and the NIKKEI 225 saw declines of -0.1% and -0.6%, respectively.