Tadawul Review: ‎

Tadawul All Share Index (TASI) fell on Monday, ‎dropping 66 points (-0.65%) to close at 10,123.62. The ‎index opened 2 points above its previous close, but it ‎recovered some losses before the close; however, it still ‎ended in the red zone. Overall, 19 out of 21 sectors ‎closed in the red zone, and 62 shares rose while 197 ‎fell. Banks (-1.0%), Insurance (-2.4%), and ‎Telecommunication Services (-0.8%) sectors ‎contributed the most to the index decline. Stockwise, ‎Alrajhi (-1.0%), SNB (-1.6%), and SAB (-1.6%) were the ‎major contributors to the index decline. The trading ‎activity witnessed an increase in volume and value of ‎‎+91% and +54%, respectively, to reach 303mn shares ‎and SAR 3.6bn in value traded.‎

 

Market Wrap International:  

U.S. equities ended higher as technology shares rebounded from the previous week’s selloff, with investors reassessing concerns over artificial-intelligence infrastructure financing ahead of major technology earnings. The recovery was led by growth stocks, although gains remained concentrated in technology as weakness across other sectors limited broader market participation. The NASDAQ gained 1.1%, the S&P 500 advanced 0.4%, while the Dow Jones Industrial Average declined 0.1%.

European equities ended lower as political unrest in France heightened concerns over fiscal pressures and the region’s growth outlook, weighing on investor sentiment. Banking and other cyclical stocks led declines, while technology shares provided some support by advancing against the broader market trend. The FTSE 100 fell 1.1%, the DAX declined 1.2%, the CAC 40 lost 1.1%, and the EURO STOXX 600 slipped 0.8%.

Asian markets are trading lower as renewed concerns over AI investment returns and rising oil prices weigh on risk appetite ahead of major technology earnings. South Korean technology shares are under pressure, while Japanese equities have also declined despite the previous session’s recovery on Wall Street; mainland Chinese shares are showing greater resilience. The Nikkei 225 is down 0.6%, the KOSPI has fallen 1.8%, and the Shanghai Composite has gained 0.4%, while Hong Kong’s Hang Seng is closed for a public holiday.