Tadawul Shares Plunge on Tuesday; Saudi Arabia's Operating Revenue Index Rises in August

08:31 AM EDT, 10/20/2026 (MT Newswires) -- The Tadawul All Share Index plunged 1.69% in the red on Tuesday as investors assessed Saudi Arabia's latest economic data, as well as its initial batch of earnings reports for the third-quarter period. Preliminary data from the General Authority for Statistics showed that the kingdom's operating revenues index rose 3% annually in August. Issued permits, on the other hand, declined 19.7% year over year to 5,621. The employee compensation index grew 6.3% annually. On the same day, the statistics agency released its third-quarter figures for the real estate price index. The index recorded a 1.2% year-over-year growth. Quarter-over-quarter, the index declined. "REPI decreased on a quarterly basis by 1.2% during Q3 of 2026, compared to the previous quarter (Q2 of 2026). REPI was affected by the decrease in the prices of the residential sector by 1.5%, driven by the decrease in the prices of residential lands by 2.1%, the prices of apartments by 0.5%, and the prices of villas by 0.4%, while the prices of residential floors increased by 1.0%. The prices of the commercial sector also decreased by 0.3%, driven by the decrease in the prices of commercial lands by 0.4% and the prices of exhibitions and shops by 1.7%, while the prices of buildings increased by 0.2%," the agency said in its report. In corporate news, Etihad Etisalat (SASE:7020), d/b/a Mobily, and Yamama Cement (SASE:3020) released their financial statements for the third quarter. Both companies logged higher revenue and attributable net profit in the period. Mobily and Yamama shares were 2.83% and 1.51% lower at closing, respectively. Advanced Building Industries Co. (SASE:2240), d/b/a Senaat, shares closed 0.93% in the green as its Zamil Structural Steel Co. subsidiary received a 19-month contract to provide structural works for the National Tennis Center in Riyadh.