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Tadawul Shares End Week in the Red; Saudi's October Exports, Imports Rise

MT Newswires·12/25/2025 08:08:04
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08:08 AM EST, 12/25/2025 (MT Newswires) -- The Tadawul Share Index closed Thursday 0.14% in the red as investors assessed Saudi Arabia's latest international trade figures for October. Trading volumes were also light throughout the session, owing to the closure of most markets due to the Christmas holiday. According to the General Authority for Statistics, merchandise exports increased 11.8% in October on an annual basis, while non-oil exports surged 32.3%. Imports during the reporting period rose 4.3% year over year. The report added that China was the kingdom's main merchandise trading partner for the month. "In October 2025, exports to China amounted to 14.1% of total exports, making this country the main destination for the Kingdom's exports. Followed next by United Arab Emirates (10.9% of total exports) and India (9.9% of total exports). Japan, South Korea, U.S.A, Kingdom of Bahrain, Egypt, Singapore, and Poland were the other countries that ranked in the top 10 destinations," the statistics agency reported. For upcoming local economic data, next week will see the release of Saudi Arabia's unemployment rate figures for the third quarter, as well as the November M3 money supply and private lending numbers. Back at home and on the corporate front, Gas Arabian Services (SASE:4146) entered a 21-month deal to deliver gas modular skids to oil giant Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco. Shares of Gas Arabian Services gained 1.90% at closing, while Aramco closed 0.25% lower.