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Tadawul Shares End Week Lower; Saudi Arabia's April Inflation Cools

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The Tadawul All Share Index ended the week lower at 0.22% in the red as investors assessed Saudi Arabia's latest economic data.

According to the General Authority for Statistics, the kingdom's annual inflation rate softened year over year to 1.7% in April from 1.8% in the prior month. On a monthly basis, the index edged up 0.2%.

"On a monthly basis, the CPI in April 2026 recorded a relative increase of 0.2% compared to March 2026, as the prices of the food and beverage division increased by 0.8% driven by a 0.9% increase in the food group. The prices of the housing, water, electricity, gas and other fuels division increased by 0.3% the transportation division by 0.3%," the statistics agency said in its report.

The country's wholesale prices had a steady 3.3% growth in April. Meanwhile, freshly released producer price index data for the kingdom showed a 5.5% year-over-year increase in March. Month over month, the index saw a 4.7% rise.

In international news, market watchers are focusing on the results of US President Donald Trump's state visit to China. The meeting between Trump and his Chinese counterpart, Xi Jinping, will focus on the trade war, the critical minerals deal, AI, their stances on Taiwan, and the Middle Eastern conflict.

Back at home and on the corporate front, Saudi Fisheries Co. (SASE:6050) will get 1.6 million Saudi riyals after the Primary Court of Muscat Governorate in Oman ruled in favor of the company regarding a lawsuit for a fishing contract with Ocean Fish Co. Shares of Saudi Fisheries ticked down 0.10% at closing.

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