TASI lower as higher oil prices fuel uncertainty: Opening bell

RIYADH: The main index opened lower in the last trading session of the week as higher oil prices exacerbated uncertainty about the global economy

The main index, TASI, opened 0.51 percent down at 12,701, while the parallel market, Nomu, started almost unchanged at 22,891 as of 10:09 a.m. Saudi time.

Amana Cooperative Insurance Co. rallied 5.72 percent, leading the market gainers for a third day; Gulf Union Alahlia Cooperative Insurance Co. slipped 5.66 percent, leading the market fallers.