Tadawul Review:

Tadawul All Share Index (TASI) fell on Wednesday, ‎dropping 59 points (-0.50%) to close at 10,847.93. The ‎index dropped to the lowest closing level since Jan. 15. ‎The index opened below its previous close and ‎remained under pressure through the session while ‎trimming some losses before the close. Overall, 18 out ‎of 21 sectors closed in the red zone, and 74 shares rose ‎while 184 fell. Banks (-0.6%), Energy (-0.4%), and Health ‎care equipment and services (-1.4%) sectors contributed ‎the most to the index decline. Stockwise, Al Rajhi Bank ‎‎(-0.7%), Aramco (-0.4%), and Saudi National Bank (-‎‎0.8%) were the major contributors to the index decline. ‎The trading activity witnessed a decrease in volume and ‎value of -12% and -5%, respectively, to reach 167mn ‎shares and SAR 3.8bn in value traded.‎

 

 

Market Wrap International:

U.S. equities ended higher as major benchmarks rose on broad ‎gains in risk assets, with strength in large-cap technology and ‎cyclical sectors supporting sentiment after mixed economic cues. ‎Investors reacted positively to strong earnings and continued ‎optimism about rate-cut expectations, while Treasury yields ‎remained relatively stable. The S&P 500 rose 0.8%, the Dow ‎Jones gained 0.6%, and the NASDAQ advanced 1.3% according ‎to market closing data.‎

European equities ended up as broader risk-on sentiment carried ‎through from global markets, with financials and consumer ‎sectors generally outperforming amid easing concerns over near-‎term policy risks. Regional benchmarks displayed broad ‎participation in gains, underpinned by supportive macro flows ‎and stabilizing economic indicators. The FTSE 100 increased ‎‎1.‎‏2‏‎%, the DAX rose 0.8%, the CAC 40 gained 0.5%, and the ‎EURO STOXX 600 advanced 0.7%, based on the latest available ‎market performance figures.‎

Asian markets are trading with broad advances as technology-‎linked equities and export-oriented sectors attract buying ‎interest amid positive corporate earnings momentum and stable ‎regional macro cues. Domestic sentiment in Japan and South ‎Korea has been particularly strong, lifting overall market tone ‎across the region. The SHCOMP is up 0.7%, the KOSPI has risen ‎‎1.9%, the Nikkei 225 is up 2.2%, and the Hang Seng is higher by ‎‎0.7% in recent trading.‎