TASI trades higher as oil prices rebound: Opening bell

RIYADH: Saudi Arabia’s main index started on a positive note on Monday’s trading session, lifted by a rebound in oil prices.

TASI edged up 0.1 percent to start at 11,951, while the parallel market Nomu declined 0.1 percent at 20,717, as of 10:06 a.m. Saudi time

Saudi oil giant Aramco climbed 0.27 percent, while Rabigh Refining and Petrochemical Co. edged down 0.38 percent.

Al Rajhi, the Kingdom’s largest valued bank, edged up 0.35 percent, while Alinma Bank advanced 0.94 percent.