Tadawul Review:

Tadawul All Share Index (TASI) rose ‎on Monday, ‎‎gaining 26 points (+0.2%) to close at 11,620. ‎The index ‎‎opened 10 points above its previous close, ‎then started ‎to fluctuate in the positive territory until ‎the end of the ‎session. Overall, 10 ‎out of 21 sectors ‎closed in the green ‎zone, and 100 ‎shares rose while 150 ‎fell. Banks (+0.9%), ‎Materials ‎‎(+0.4%), and Energy ‎‎(+0.2%) sectors ‎‎contributed the most to the index rise. ‎Stockwise, Al ‎Rajhi Bank (+1.8%), Saudi National Bank ‎‎(+0.8%), and ‎Aramco (+0.2%) were the major ‎contributors. ‎The ‎trading activity witnessed a increase  ‎in volume and ‎‎value of 57% and 65%, respectively, to ‎reach 266 ‎shares ‎and SAR5.4bn in value traded.‎

 

 

Market Wrap International:

U.S. equities advanced as renewed optimism over U.S.–China trade discussions and expectations of a Federal Reserve rate cut later this month fueled broad gains across sectors. Technology shares outperformed, propelling major benchmarks toward record territory as risk sentiment improved. The S&P 500 +1.2 %, Dow Jones Industrial Average +0.7 %, and NASDAQ Composite +1.9 %.

European markets closed higher, supported by easing global trade tensions and resilient corporate earnings. Gains were contained, however, as investors awaited key eurozone inflation data and policy guidance from the European Central Bank. The FTSE 100 +0.1 %, DAX +0.3 %, CAC 40 +0.2 %, and EURO STOXX 600 +0.2 %.

Asian stocks rallied sharply, buoyed by progress in U.S.–China trade talks and an upgraded trade pact between China and ASEAN that strengthened regional sentiment. Japan and South Korea led the advance, while Chinese and Hong Kong benchmarks also posted solid gains. The Shanghai Composite +1.2 %, Kospi +2.6 %, Nikkei 225 +2.5 %, and Hang Seng Index +1.0 %.