RIYADH: The main index, TASI, started the last trading session of the week flat at 11,735 on the back of investors’ uncertainty over inflation and the possibility of a recession.
The parallel market, Nomu, began the day 0.96 percent higher to reach 20,927, as of 10:06 a.m. Saudi time.
Aramco, the largest player on the Saudi oil market, started the day in the red, dropping 0.38 percent.
In the financial sector, Saudi Arabia's largest valued bank, Al Rajhi, added 0.12 percent, while one of the Kingdom’s biggest lenders, Saudi National Bank, fell 0.44 percent.
Pharma giants Aldawaa Medical Services Co. and Nahdi Medical Co. both shed 0.44 percent and 0.25 percent, respectively.
Among telecom stocks, stc and Zain declined by 0.30 percent and 1.03 percent, respectively
The market gainers were led by Sinad Holding Co. with a gain of 2.60 percent, followed by Sahara International Petrochemical Co., or SIPCHEM, with a gain of 2.65 percent.
In the decliners' list, Al-Omran Industrial Trading Co. came in first with a 2.11 percent decline, followed by Retal Urban Development Co. with a 1.64 percent decline.
In energy trading, Brent crude settled at $115.19 a barrel and US West Texas Intermediate reached $109.08 a barrel, as of 10:08 a.m. Saudi time.
