TASI starts September lower tracking ongoing declines in oil prices: Opening bell

RIYADH: The Saudi stock market opened September’s first trading session lower as oil prices continued to plunge.

TASI began with a 0.23 percent decline at 12,254, while the parallel Nomu fell 0.35 percent to 21,562, as of 10:07 a.m. Saudi time.

In energy trading, Brent crude declined to $96.49 a barrel, while US West Texas Intermediate reached $88.70 a barrel, as of 10:05 a.m. Saudi time.