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RIYADH: ����ֱ��’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 ����ֱ��’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 ����ֱ��, 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. 

JEDDAH: ����ֱ��’s ports handled 22.52 million tonnes of cargo in September, up 8.6 percent from the same month last year, reflecting the Kingdom’s expanding maritime trade. 

The growth included 1.22 million tonnes of general cargo, 5.7 million tonnes of dry bulk, and 15.6 million tonnes of liquid bulk, according to a release by the Saudi Ports Authority, known as Mawani. 

Saudi ports’ strong performance supports trade, maritime industries, tourism, and supply chains, while contributing to the Kingdom’s food security and its goal of becoming a major logistics hub connecting Asia, Europe, and Africa under Vision 2030. 

“Maritime traffic also rose by 1.11 percent to reach 1,001 vessels, compared to 990 vessels during the same period last year,” the statement noted, adding that passenger numbers increased by 58.56 percent to reach 71,376 passengers, compared to 45,015 passengers in September last year. 

It further said that the number of vehicles decreased by 20.09 percent to reach 75,616, compared to 94,630 a year ago. 

“The ports received 285,657 cattle heads, marking a decrease of 17.07 percent compared to 344,440 heads of livestock during the same period last year,” Mawani said. 

It added that handled containers fell 2.75 percent to 654,865 Twenty-foot Equivalent Units from 673,368 TEUs in September 2024. 

Exported containers amounted to 237,349 TEUs, a decrease of 7.14 percent compared to 255,606 in September 2024, while imported containers declined by 3.02 percent to reach 250,725 TEUs compared to 258,521 the same period last year. 

Transshipment containers, meanwhile, recorded an increase of 4.74 percent to reach 166,791 TEUs, compared to 159,241 during the ninth month of 2024. 

In August, Saudi ports handled 750,634 TEUs, a 9.52 percent increase from the 685,414 seen in the same period of 2024, driven by a 14.7 percent rise in transshipment activity to 189,407 TEUs.