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RIYADH: Saudi stocks dipped on Tuesday, as oil prices lost over $7 a barrel on inflation-driven fears over a potential global recession and fuel demand. The Kingdom’s main index TASI ended 0.6 percent lower at 12,455, while the parallel market Nomu advanced 0.4 percent to 21,595. In Dubai and Bahrain, the DFMGI and BAX indexes added 0.8 percent and 0.1 percent, respectively.

RIYADH: Saudi stocks started Tuesday slightly lower as investors kept an eye on the market in the face of high oil prices and inflation. Saudi Arabia’s main index, TASI, started 0.16 percent lower at 11,537, while the parallel market, Nomu, opened almost flat at 20,708, as of 10:08 a.m. Saudi time This was led by a 0.65 decrease in Saudi oil giant Aramco, and 0.87 percent