Tadawul Review:
Tadawul All Share Index (TASI) rose on Sunday, gaining 64 points (+0.6%) to close at 10,897. TASI opened two points lower than the previous close, then gradually rose until the session ended. In general, 19 out of 21 sectors closed in the green zone, and 201 shares rose while 54 fell. Banks (+0.5%), Real Estate (+1.7%), and Telecommunications (+1.0%) sectors contributed the most to the index rise. Stockwise, Al Rajhi Bank (+0.4%), Aramco (+0.4%), and Dar Al Arkan (+5.2%) were the major contributors. The trading activity witnessed a decrease in volume and value of -22% and -26%, respectively, to reach 191mn shares and SAR3.2bn in value traded.
Market Wrap International:
Global markets ended last week with a mix of gains and caution. In the U.S., softer July inflation strengthened expectations for a September Fed rate cut, driving the S&P 500 and Nasdaq to fresh records before a modest late-week pullback. In Europe, the FTSE 100 set new highs, supported by global risk appetite, while Germany’s CPI confirmed further easing in price pressures. In Asia, Japan’s Q2 GDP showed modest growth, and sentiment stayed measured ahead of the Trump–Putin summit in Alaska. Commodities saw renewed safe-haven demand for gold, while oil prices eased on weaker demand signals and geopolitical uncertainty.