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08/10/2025 03:58 AST
Saudi Arabia's Tadawul All Share Index edged down on Tuesday, as it shed 21.97 points, or 0.19 percent, to close at 11,583.23.
The total trading turnover of the benchmark index was SR6.11 billion ($1.63 billion), with 85 of the listed stocks advancing and 154 retreating.
The Kingdom's parallel market Nomu also marginally declined by 0.08 percent to close at 25,520.62.
The MSCI Tadawul Index edged down by 0.36 percent to 1,509.37.
The best-performing stock on the main market was United International Holding Co. The firm's share price advanced by 8.20 percent to SR174.20.
The share price of Saudi Arabia's budget carrier flynas rose by 4.29 percent to SR80.30. East Pipes Integrated Co. for Industry also saw its stock price edging up by 3.64 percent to SR130.90.
Conversely, the share price of National Shipping Co. of Saudi Arabia, also known as Bahri, declined by 3.58 percent to SR28.
The best-performing stock on the parallel market was Rawasi Albina Investment Co., as its share price increased by 19.10 percent to SR4.49.
On the announcements front, SAL Saudi Logistics Services Co. said that it signed a lease agreement with Sela Co. for 1.57 million sq. meters of land in Falcon City, north of Riyadh, to develop a new logistics zone.
According to a Tadawul statement, the total estimated investment for planning, construction, and operation of the logistics zone is projected to reach SR4.2 billion.
The company added that the development aligns with its strategic plan to diversify sources of income and strengthen its presence in the transportation and logistics sector.
The statement further said that the lease agreement is valid for 30 years, and is extendable to an additional 15 years upon agreement of both parties, along with a three-year grace period.
The share price of SAL edged up by 1.31 percent to SR185.
Arab News
| Ticker | Price | Volume |
|---|
08/10/2025
Trades at Boursa Kuwait in September were marked with selective buying by Kuwaiti individuals and financial portfolios and swaps of positions on the listed stocks particularly those of the banks and
KUNA
08/10/2025
Boursa Kuwait joined the winners of the fourth edition of the CFA Research Challenge in ringing the bell, celebrating their achievement in the global financial analysis competition organized by CFA S
Kuwait Times
08/10/2025
Emerging markets are powering through their biggest rally in 15 years as investors channel capital back into developing economies that combine high real yields, improving fundamentals, and more attra
Trade Arabia
08/10/2025
The Qatar Stock Exchange index closed on Tuesday higher by 22.98 points, or 0.21 percent, to reach 10,911.53 points.
During the session, a total of 108,751,511 shares were traded, with a val
The Peninsula
07/10/2025
Bahrain All Share Index has closed at 1,966.15 points, marking a decrease of 2.01 points below the previous closing.
This decrease was due to the drop in the Financial Sector and the Real Es
BNA
Financial Information Co.
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