Tadawul Review:

Tadawul All Share Index (TASI) fell on Wednesday, ‎dropping 19 points (-0.17%) to close at 11,020.07. The ‎index opened 11 points above its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 14 out of 21 sectors ‎closed in the red zone, and 87 shares rose while 170 ‎fell. Materials (-0.5%), Capital Goods (-1.9%), and Food ‎& Beverages (-1.3%) sectors contributed the most to the ‎index decline. Stockwise, Maaden (-2.0%), RIBL (-1.7%), ‎and Alrajhi (-0.2%) were the major contributors to the ‎index decline. The trading activity witnessed a decrease ‎in volume and value of -6% and -14%, respectively, to ‎reach 273mn shares and SAR 5.6bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended higher as technology and growth shares led a broad advance despite an elevated consumer price reading that pushed Treasury yields higher, as investors concentrated buying in semiconductor and large-cap technology names. Gains at the benchmark level reflected selective risk appetite, with the technology sector outperforming while rate-sensitive areas of the market saw more muted participation. Energy supply concerns kept inflation expectations elevated, limiting the breadth of the advance beyond the technology sector. The S&P 500 rose 0.6%, the NASDAQ gained 1.2%, and the Dow Jones Industrial Average was flat.

European equities ended higher as improved global risk tone, tracking Wall Street's advance, supported broad-based gains across major markets. Corporate earnings buoyed sentiment, with industrial and technology-linked names outperforming after strong quarterly results and capital return announcements from leading companies. UK gilt yields eased alongside reduced domestic political uncertainty, adding to the constructive backdrop even as energy supply concerns capped the upside in some cyclical sectors. The FTSE 100 rose 0.6%, the DAX gained 0.8%, the CAC 40 advanced 0.4%, and the EURO STOXX 600 climbed 0.8%.

Asian markets ended mostly higher as Japanese equities advanced on export-sector resilience and positive global spillovers, while South Korean shares extended gains following recent momentum in technology and semiconductor names. Improved sentiment in Hong Kong and mainland China was supported by selective buying interest despite lingering macro concerns around inflation and energy costs. Participation across the region remained uneven, with stronger performances in Japan and South Korea offsetting more modest gains elsewhere. The Nikkei 225 rose 0.8%, the Hang Seng gained 0.2%, the SHCOMP advanced 0.7%, and the KOSPI increased 2.6%.