Tadawul Shares Flat as Saudi Inflation Cools in November

08:09 AM EST, 12/15/2025 (MT Newswires) -- The Tadawul All Share Index ended Monday muted at 0.01% in the green as investors assessed the latest economic data in Saudi Arabia. According to the General Authority for Statistics, the kingdom's annual inflation rate declined to 1.9% in November from 2.2% in October. On a monthly basis, consumer prices in Saudi Arabia increased by 0.1% from the previous 0.3% increase. Both are lower than the consensus estimate compiled by Trading Economics of an annual inflation rate of 2% and a monthly rate of 0.2%. Meanwhile, wholesale prices in the country climbed 2.3% year over year in November, which was supported by a 4.3% growth in other transportable goods prices and a 2.3% increase in agricultural and fishery products. "On a monthly basis, WPI decreased by 0.3% in November 2025 compared to October 2025, due to a 0.8% decrease in the prices of other transportable goods, except metal products, machinery, and equipment, driven by a 5.9% decrease in the prices of basic chemicals and a 0.8% decrease in the prices of furniture and other transportable goods n.e.c.," the General Authority for Statistics said. In other news, the US, Ukraine, and other European leaders are set to meet in Berlin on Monday to discuss the Russian and Ukrainian peace deal. The meeting follows peace talks between Ukrainian President Volodymyr Zelenskiy and US envoys Steve Witkoff and Jared Kushner. Back at home and on the corporate front, Scientific & Medical Equipment House Co. (SASE:4014) entered a deal to distribute Biolight Meditech's products in the kingdom. The medical equipment company closed 1.29% higher.