Tadawul Review:

Tadawul All Share Index (TASI) fell on Monday after ‎rising for five consecutive days, dropping by 39 points (-‎‎0.3%) to close at 11,164. The index opened 2 points ‎above its previous close and fluctuated throughout the ‎session before ending in the red zone. Overall, 10 out of ‎‎21 sectors closed in the red zone, while 133 shares fell ‎and 118 rose. Banks (-1.3%), Telecommunications (-‎‎1.9%), and Food and beverages (-1.7%) sectors ‎contributed the most to the index fall. Stockwise, Al ‎Rajhi Bank (-2.5%), Etihad Etisalat (-3.1%), and Almarai (-‎‎2.5%) were the major contributors. The trading activity ‎witnessed an increase in volume and value of 20% and ‎‎45%, respectively, to reach 301mn shares and SAR7.3bn ‎in value traded.‎

 

Market Wrap International:

Stocks ended higher on Monday, extending a strong rally that’s pushed major indexes to fresh record highs. Investors remained focused on ongoing trade discussions and budget negotiations in Congress. Gains were led by Information Technology (+0.98%), Financials (+0.86%), and Real Estate (+0.65%). The Nasdaq increased by 0.5%, the Dow Jones Industrial Average advanced by 0.6%, and the S&P 500 increased by 0.5%.

European stocks closed lower, wrapping up June with broad declines as caution over the approaching U.S. tariff deadline and lack of progress in trade talks weighed on sentiment. The CAC 40 saw a decline of -0.3%, the DAX decreased by -0.5%, the Euro STOXX 600 declined by -0.4%, and the FTSE 100 fell by -0.4%.

Asian markets kicked off the week on a positive note, with most regional indices rising as signs of progress in the U.S.-Canada trade standoff lifted investor confidence and supported risk appetite. The Nikkei 225 saw an uptick of 0.8%, the KOSPI recorded a rise of 0.5%, the SHCOMP experienced an increase of 0.6%, while the Hang Seng index reported a decline of -0.9%.