Tadawul Shares Plunge Ahead of Saudi Arabia's November Inflation Data

07:47 AM EST, 12/14/2025 (MT Newswires) -- Saudi equities plunged as the Tadawul All Share Index started the week at 1.19% in the red on Sunday amid market jitters on the kingdom's latest inflation rate figures on Monday. Aside from the CPI, Monday will also see the release of Saudi Arabia's wholesale prices, with the US non-farm payrolls and unemployment rate on Tuesday, and its own inflation figures following on Thursday. "The upcoming data flow will be influential on the market pricing with the delayed October and November jobs numbers being released on Wednesday and the delayed November consumer price inflation figures out on Thursday. The Bureau of Labour Statistics will not be publishing a MoM CPI number because the government shutdown meant it was not able to collect price data for October," ING said in a note. In international news, the US and Ukraine are set to meet in Germany to discuss a ceasefire deal to end the Ukrainian and Russian conflict. The meeting comes ahead of the European summit between Ukrainian President Volodymyr Zelenskiy and other leaders on Monday. Back at home, Dar Al Majed Real Estate (SASE:4326) entered into three agreements to develop, execute, and market residential projects in Riyadh. The real estate company closed 0.86% higher. Meanwhile, Wataniya Insurance Co. (SASE:8300) obtained a contract to deliver general insurance, protection, and savings insurance services to the Saudi National Bank (SASE:1180) from Jan. 1, 2026. Wataniya gained 1.92%, while the Saudi National Bank lost 1.78%.