Today: 21 March 2026
Subscribe
Browse Category

TADAWUL:1180 4 January 2026

Tadawul Group stock slides as oil drags Saudi market; new chairman named

Tadawul Group stock slides as oil drags Saudi market; new chairman named

Saudi Tadawul Group shares fell 2.91% to 136.70 riyals Sunday after the board named Mazen Abdulrazzaq Al Romaihas chairman and reported a 40.79% drop in nine-month net profit. The Tadawul All Share Index closed down 1.75% as banks and Saudi Aramco declined. Brent crude lost nearly 20% in 2025, its third annual drop. Saudi Arabia approved a 2026 borrowing plan with financing needs of about 217 billion riyals.
4 January 2026
··

Stock Market Today

  • Q4 Consumer Discretionary Gaming Solutions Earnings: Inspired (INSE) Tracks Peers Lower
    March 20, 2026, 8:56 PM EDT. Inspired (NASDAQ:INSE) reported a weak Q4 with revenues of $77.2 million, down 4.9% year-on-year and missing analyst estimates by 1.1%. The gaming solutions sector, encompassing companies providing technology for gambling like slot machines and sports-betting platforms, saw a modest 0.9% revenue beat collectively but average stock prices fell 1.8% post-earnings. Sector challenges include regulatory hurdles, high R&D costs, and customer concentration risks, alongside increasing competition from casino operators developing in-house technology. Inspired's stock dropped 21.5% since earnings to $6.55. Accel Entertainment (NYSE:ACEL), another key player, reported stronger Q4 results with revenues up 7.5% year-on-year, surpassing analyst expectations. The sluggish sector outlook reflects broader consumer discretionary pressures amid shifting demand and economic caution.
Go toTop