RIYADH: Saudi Arabia’s benchmark index ended the week’s final session lower after investors’ mood turned negative as oil prices fluctuated during the week.
TASI finished 0.20 percent lower at 12,621, while the parallel Nomu market finished 0.19 percent higher at 21,574.
The Kingdom’s largest valued bank, Al Rajhi, ended the session with a 1.68 percent gain, while the Saudi National Bank, the country's largest lender, ended with a 1.10 percent decline.
Saudi Aramco lost 0.75 percent, despite achieving its highest quarterly profit since going public in 2019 with SR182 billion ($48.4 billion), a 90 percent jump over analysts' expectations.
Among the Kingdom's leading information technology firms, Elm climbed 6.08 percent to lead the gainers in the market, while Al Moammar shed 1.30 percent.
Abdullah Al Othaim Markets Co. slipped 4.25 percent, despite reporting a 31 percent increase in profits for the first half of the year to SR138 million.
Red Sea International Co. dropped 2.12 percent, after it secured financing from SABB worth SR35 million.
Taiba Investments Co. fell 0.82 percent, despite turning into a profit of SR55 million in the first half, wiping out losses of SR14.8 million from the same period last year.
Sadr Logistics Co. declined 0.95 percent, after it turned into losses of SR3 million during the first six months of 2022.
Saudi Arabian Mining Co., known as Ma’aden, ended the week’s session with a 1.11 percent gain.
