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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
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Stock Market Today

  • NICE (TASE:NICE) Faces Valuation Question After 54% Share Decline
    May 23, 2026, 5:26 AM EDT. NICE, an AI-powered cloud platform company, has seen its share price fall 26% year to date and 54% over the past year despite reporting ₪3.0 billion in revenue and ₪529.6 million net income. The stock currently trades at ₪267.3, while analysts estimate a fair value of ₪620.96, suggesting the company may be undervalued amid strong AI-driven revenue growth and cloud adoption. However, risks include margin pressure from cloud investments and revenue churn from acquisitions. Investors are weighing near-term valuation concerns against NICE's long-term growth prospects in AI and customer engagement solutions.

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23 May 2026
LIVEMarkets rolling coverageStarted: May 23, 2026, 4:00 AM EDTUpdated: May 23, 2026, 5:37 AM EDT NICE (TASE:NICE) Faces Valuation Question After 54% Share Decline May 23, 2026, 5:26 AM EDT. NICE, an AI-powered cloud platform company, has seen its share price fall 26% year to date and 54% over the past year despite reporting ₪3.0 billion in revenue and ₪529.6 million net income. The stock currently trades at ₪267.3, while analysts estimate a fair value of ₪620.96, suggesting the company may be undervalued amid strong AI-driven revenue growth and cloud adoption. However, risks include margin pressure from cloud investments and
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