Tadawul Review:

The Tadawul All Share Index (TASI) declined on ‎Wednesday, dropping -13 points (-0.1%) to close at ‎‎11,705. The index opened 19 points higher than the ‎previous close but experienced sharp fluctuations early ‎in the session before trending downward toward the ‎close. Overall, 10 out of 21 sectors ended in the red, with 83 stocks declining and 155 advancing. The Utilities (-2.6%), Food and Beverages (-1.4%), ‎and Energy (-0.3%) sectors were the largest contributors ‎to the decline. Among individual stocks, ACWA Power ‎‎(-3.3%), Maaden (-2.5%), and Aramco (-0.4%) recorded ‎the steepest losses.  Trading activity dropped by -16% in ‎volume, with 335 million shares exchanged, and fell by -30% ‎in value, totaling SAR 5.4 billion.‎

 

 

Market Wrap International:

Stocks rebounded on Wednesday after cooler-than-expected February inflation data eased some concerns, following two days of heavy losses. However, bond yields climbed as investors remained wary of escalating trade tensions. In the S&P 500, information technology led gains, rising 1.56%, followed by communication services at 1.43% and consumer discretionary at 1.02%. The S&P 500 rose by 0.5%, and the Nasdaq gained by 1.2%, while the Dow Jones Industrial Average declined by -0.2%.

European markets posted broad gains on Wednesday, despite the European Union imposing retaliatory tariffs on a range of U.S. imports and President Donald Trump hinting at further countermeasures. The CAC 40 rose by 0.6%, the DAX gained 1.6%, the Euro STOXX 600 advanced by 0.8%, and the FTSE 100 edged up by 0.5%.

Asia-Pacific markets ended mixed on Wednesday as investors weighed trade policy uncertainties and recession fears, following a volatile session on Wall Street. The Hang Seng declined by -0.8%, the SHCOMP decreased by -0.2%, while the Nikkei 225 advanced 0.1%, and the KOSPI gained by 1.5%.