Tadawul Review:

Tadawul All Share Index (TASI) fell on Thursday, dropping 208 ‎points (-1.90%) to close at 10,947. The index opened 8 ‎points below its previous close, but it recovered some losses ‎before the close; however, it still ended in the red zone. ‎Overall, 19 out of 20 sectors closed in the red zone, and 14 ‎shares rose while 251 fell. Utilities (-3.4%), Real Estate (-2.6%), ‎Health care equipment and services (-2.5%) sectors ‎contributed the most to the index decline. Stockwise, Al Rajhi ‎Bank (-2.9%), Saudi National Bank (-2.1%), ACWA Power (-‎‎3.4%) were the major contributors to the index decline. The ‎trading activity witnessed an increase in volume and value of 22% and 28%, respectively, to reach 255mn shares and SAR ‎‎4.8bn in value traded. ‎

 

 

 

 

Market Wrap International:

U.S. equities ended modestly higher in the latest session as investor focus remained on macro signals and policy-driven sentiment, supported by a Supreme Court decision that eased trade policy uncertainty and lifted confidence in corporate earnings prospects. The S&P500 rose 0.7%, the Dow Jones advanced 0.5%, and the NASDAQ gained 0.9%, with strength broadening beyond mega-cap tech into cyclicals after prior volatility and mixed economic data. Treasury yields ticked higher alongside equities, while markets weighed inflation readings and potential Fed guidance.

European equities ended with a positive tone, reflecting broad risk appetite and global diversification flows as investors rotated toward value and defensive sectors amid record inflows into European stocks. The FTSE 100 rose 0.6%, the DAX increased 0.9%, the CAC climbed 1.4%, and the EURO STOXX 600 rose 0.8%, supported by cyclical strength in banking and luxury goods, while sentiment was lifted by easing trade policy concerns. Sector performance showed resilient financials and industrials, with energy mixed amid commodity price swings.

 

Asian markets are trading mixed in the current session, with regional divergences driven by export demand and risk sentiment. South Korea’s KOSPI is higher by 2.3% on strong technology and semiconductor earnings expectations, while Japan’s NIKKEI 225 is lower by 1.1% and Hong Kong’s Hang Seng is lower by 1.1% amid profit-taking and currency effects; mainland Chinese markets (SHCOMP) remain closed for a holiday session. The divergences in Asia reflect cautious positioning around global tech demand and currency volatility, with strong local gains in South Korea offset by weakness in Japan and Hong Kong.