Tadawul Review:  

Tadawul All Share Index (TASI) fell on Thursday, ‎dropping by -32 points (-0.3%) to close at 11,007. The ‎index opened 6 points lower than its previous closing ‎level, then experienced some fluctuations before closing ‎in the red zone. Overall, 11 out of 21 sectors closed in ‎the red zone, while 117 shares fell and 125 rose. Banks (-‎‎0.5%), Energy (-1.3%), and Real Estate (-0.5%) sectors ‎contributed the most to the index fall. Stockwise, ‎Aramco (-1.3%), Saudi National Bank (-1.8%), and Al ‎Rajhi Bank (-0.3%) were the major contributors. The ‎trading activity witnessed an increase in volume and ‎value of 18% and 4%, respectively, to reach 256mn ‎shares and SAR4.1bn in value traded.‎

 

 

Market Wrap International:

U.S. stocks ended mostly lower on Friday, with the Dow Jones Industrial Average slipping by -0.3%, while the Nasdaq Composite managed a modest gain, marking its record high. Energy (-0.96%), Health Care (-0.60%), and Consumer Staples (-0.37%) were among the weakest sectors. The S&P 500 dropped by -0.01%, while the NASDAQ gained by 0.05%.

European shares ended flat, with declines in major healthcare stocks offset by gains in the oil and gas sector, wrapping up a week dominated by corporate earnings across the region. The CAC 40 advanced by 0.01% and FTSE 100 gained by 0.2%. In contrast, the DAX dropped by -0.3% and the Euro STOXX 600 dipped by -0.01%.

Asian markets were mixed on Friday, with Wall Street’s record highs and positive economic data offering support, while Tokyo lagged ahead of Japan’s weekend upper-house elections. The NIKKEI 225 slipped by -0.2% and the KOSPI declined by -0.1%. On the other hand, the SHCOMP increased by 0.5% and the Hang Seng posted an increase of 1.3%.