Tadawul Review:

Tadawul All Share Index (TASI) rose on Wednesday, gaining ‎‎128 points (+1.2%) to close at 11,053. The trading session ‎began positively, with an 18-point increase compared to the ‎previous close, and continued to rise until the session ended. ‎In general, 20 out of 21 sectors ‎closed in the ‎green zone, and ‎‎202 shares rose while 44 fell. Banks ‎‎(+1.3%), ‎Materials (+1.1%), and Energy (+1.6%) ‎sectors contributed ‎the ‎most to the index rise. Stockwise, ‎ Al Rajhi Bank ‎‎(+2.4%), ‎Aramco (+1.6%), and Maaden (+1.8%) ‎were the major ‎contributors. The trading activity witnessed a decrease in ‎volume and value by -17% and -11%, respectively, to reach ‎‎174mn shares and SAR4.5bn in value traded.‎

 

Market Wrap International:

US markets edged lower on Wednesday as investors digested fresh earnings results and the latest Fed meeting minutes, while keeping an eye on Nvidia’s upcoming report. Despite the cautious tone during regular trading hours, markets gained some traction late in the day on speculation that Nvidia’s earnings could reignite the AI-driven rally. Among the laggards, Utilities fell -1.44%, Materials dropped -1.27%, and Energy slipped -1.25%. The Nasdaq fell by -0.5%, the S&P 500 declined by -0.6%, and the Dow Jones Industrial Average dropped by -0.6%.

European stocks dipped slightly as investors turned cautious ahead of key U.S. economic data and Nvidia’s earnings report. The pan-European index saw a modest pullback, pausing after its recent upward run. The DAX fell by -0.8%, the Euro STOXX 600 declined by 0.6%, the FTSE 100 decreased by          -0.6%, and the CAC 40 dropped by -0.5%.

Asia-Pacific stock markets ended on a negative note, as investors weighed the positive sentiment from President Trump’s decision to delay the 50% tariffs on EU imports against domestic economic data and company-specific developments. The Hang Seng declined by -0.5%, and the SHCOMP dropped by -0.02%, while the KOSPI gained by 1.2%.