Tadawul Review:

Tadawul All Share Index (TASI) fell on Tuesday, losing ‎‎192 points (1.6%) to close at 11,932. The index opened ‎‎31 points lower than the previous close and continued ‎its decline throughout the session. Overall, 21 out of 21 ‎sectors ended in the red, with 202 shares declining and ‎‎47 advancing. The Banks (-1.1%), Utilities (-4.3%), and ‎Materials (-1.6%) sectors were the biggest contributors ‎to the drop. Stockwise, Aramco (-2.2%), ACWA Power (-‎‎5.7%), and Al Rajhi Bank (-1.4%) led the losses. Trading ‎activity saw a -2% decrease in volume, with 253 million ‎shares traded, while the value of trades increased by 5% ‎to SAR 6.4 billion.‎

 

 

Market Wrap International:

U.S. stocks declined Tuesday as escalating trade tensions with Canada, Mexico, and China raised concerns of a broader economic conflict. A brief rebound in tech stocks was not enough to offset overall market losses. In the S&P 500, financials led declines, falling     -3.54%, followed by industrials at 1.96% and consumer staples at 1.78%. The S&P 500 fell by -1.2%, the Nasdaq declined by     -0.4%, and the Dow Jones Industrial Average dropped by -1.6%.

On Tuesday, European stocks saw notable declines as traders braced for the economic consequences of U.S. tariffs on Mexico, Canada, and China, amid rising fears of a trade war. The CAC 40 fell by -1.9%, the DAX dropped -3.5%, the Euro STOXX 600 declined by -2.1%, and the FTSE 100 lost -1.3%.

Asian markets dropped on Tuesday as escalating trade tensions, sparked by President Donald Trump’s latest tariff pledge, rattled global investor sentiment. The Hang Seng fell by -0.3%, the Nikkei 225 lost -1.2%, and the KOSPI retreated by -0.2%.