Tadawul Equities Start Week Lower as Saudi Arabia's August Industrial Production Drops

08:31 AM EDT, 10/11/2026 (MT Newswires) -- The Tadawul All Share Index started out the week lower at 0.15% in the red on Sunday as investors assessed Saudi Arabia's latest industrial production data for August. According to preliminary data, the kingdom's August industrial production index declined 23.5% annually from a revised 8.3% decrease in the prior month. Month-over-month, the index fell 14.1% year over year. "The index of oil activities in August 2026 decreased by 33.6% compared to the same month of the previous year, while the index of non-oil activities increased by 1.2%. The results also indicated that the index of oil activities decreased by 21.5%, and the index of non-oil activities increased by 1.4% compared to July 2026," the General Authority for Statistics reported. "Compared to August of the previous year, the sub-index of manufacturing activity decreased by 8.8%, affected by the decline in the manufacture of coke and refined petroleum products, which decreased by 24.1%, and the manufacture of chemicals and chemical products, which decreased by 3.3%." Looking ahead to the rest of the week, the economic calendar will see the release of the US inflation print on Wednesday, with Saudi Arabia's own inflation print to follow on Thursday. Also making waves during the session are the Houthi group's attacks on the King Khalid International Airport in Riyadh. The attacks resulted in 12 casualties and more than 300 injured. On the corporate front, Al Moammar Information Systems Co. (SASE:7200), d/b/a MIS, shares fell 0.53% as it received the third and fourth work orders for its data center deal with the Public Investment Fund's Humain.