TASI starts lower tracking oil prices: Opening bell

RIYADH: Saudi Arabia’s benchmark index extended its losses for the second early trading session of the week following a decline in oil prices. 

TASI started 0.14 percent lower on Monday at 12,537, while the parallel Nomu started flat at 21,664, as of 10:07 a.m. Saudi time.

The price of oil fell slightly in the early morning hours of Monday, Brent crude declined to $95.26 a barrel, while US West Texas Intermediate traded at $89.31 a barrel, as of 10:04 a.m. Saudi time.