RIYADH: Saudi Arabia’s main stock index opened lower on dampened investment sentiment as earnings season gathered momentum. As of 10:44 a.m. Saudi time,The main index — TASI — edged lower by 0.07 percent to reach 12,134, while the parallel market Nomu was up by 0.05 percent to reach 25,227. Fitness Time, or Leejam Sports Co., gained 2.88 percent after reporting its highest annual profit of SR206 million in 2021. SAIC, or Saudi Advanced Industries Co., was today"s highest gainer in early trading with a gain of 3.24 percent. Etihad Atheeb Telecommunication Co. "s shares fell by 0.94 percent after reporting a net loss of SR29.2 million for the nine months ended Dec. 31, 2021. In the financial sector, Alinma Bank fell by 1.36 percent following the announcement of a new special unit for derivatives, while Al Rajhi Bank booked 0.14 percent of gains. Shares of the largest player in the Saudi oil market, Aramco edged 0.81 percent lower. In Energy trading, Brent crude settled around $93 per barrel and US WTI crude reached $92 per barrel. Oil prices reached their longest winning streak in more than a week.