RIYADH: Saudi Arabia’s main index, TASI, opened flat on Wednesday as a fall in the energy market capped stock gains for the oil-rich nation. As of 10:25 a.m. Saudi time, TASI was at 12,225 points, and the parallel market Nomu dropped by 0.62 percent to 25,209 points. Brent crude extended losses reaching $90.6 per barrel, and US benchmark WTI fell to $89.2 per barrel at 10:12 a.m. Saudi time on Wednesday. On the main market, Saudi Cable Co. topped the gainers with a 2.23 percent increase, while Al Rajhi REIT Fund registered the highest decline of 2 percent. The fund had earlier fully acquired Oasis mall in Al Kharj Governance at SR93 million ($25 million). In the financial sector, the Saudi Investment Bank, also known as SAIB, was up 1.45 percent after its profit jumped to SR1.06 billion during 2021. The Kingdom’s largest valued bank, Al Rajhi Bank, edged 0.3 percent higher, and Alinma Bank slipped by 0.34 percent. Shares in oil giant Aramco fell by 0.54 percent, while those in leading petrochemical firm SABIC inched up 0.16 percent. Saudi cement producer Qassim Cement Co. recorded a 1.89 percent drop in its share price. This came after the cement maker announced the annual financial results for 2021, posting a decline of 30 percent.