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Tadawul Shares Surge on Last Trading Day of 2025; Makkah Construction and Development Gains

MT Newswires·12/31/2025 08:20:09
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08:20 AM EST, 12/31/2025 (MT Newswires) -- Saudi shares ended 2025 on a high note as the Tadawul All Share Index closed Wednesday 1.05% in the green, with investors also on the lookout for Saudi Arabia's M3 money and private lending data later in the day. Amid a quiet news day, helping boost sentiment is the return of the Chinese NBS manufacturing PMI to expansion territory at 50.1 in December from the previous 49.2 in the prior month. Similarly, the RatingDog China General Manufacturing PMI climbed to 50.1 from 49.9. In other news, the United Arab Emirates Ministry of Foreign Affairs said it categorically rejects claims that it is fueling conflict in Yemen, adding that it has concerns over the Kingdom of Saudi Arabia's statements over its role in the ongoing tensions in the region. Emirati forces were withdrawn from Yemen on Tuesday after a Saudi-led coalition launched an airstrike in the port of Mukalla. Back at home, polyethylene pipes and fittings manufacturer Alwasail Industrial (SASE:9525) and food and bakery company Nofoth Food Products (SASE:9556) secured the Saudi bourse's clearance to move their listing to the main market from the Nomu - Parallel market. Both Alwasail and Nofoth closed higher at 1.19% and 4.93%, respectively. Meanwhile, Makkah Construction and Development (SASE:4100) bought a 6,985.88-square-meter land plot in Makkah from Entrustment & Liquidation Center for 980 million Saudi riyals. Shares of the construction company gained 2.65%.