RIYADH: TASI saw its third day of gains this week, thanks to a further easing of energy market prices, which in turn lessened investor fears.
TASI finished 0.28 percent higher, reaching 13,101 points, while the parallel market, Nomu, shed 0.43 percent to reach 25,026.
Brent crude fell by $5.57 to $106.91 a barrel, while WTI crude slipped $5.14 to $100.82 a barrel at 3:26 p.m. Saudi time
The top gainer was Almasane Alkobra Mining Co., also known as Amak. Its shares soared 30 percent, after making their debut on the main stock exchange.
Dar Alarkan Real Estate Development Co. led the fallers, with a 4.29 percent drop, despite reporting a 605 percent surge in profits for 2021.
In the financial sector, Alinma Bank edged down 0.13 percent, while the Kingdom’s largest valued bank, Al Rajhi, rose slightly, by 0.63 percent.
Aramco, the largest player on the Saudi oil market, ended today’s trading session down 0.36 percent.