RIYADH: Saudi Arabia’s main index extended gains for the third consecutive day as oil prices climbed and listed companies disclosed earnings results. As of Wednesday, 10:13 a.m. Saudi time, TASI’s index gained 0.10 percent to reach 12,363, while Nomu, the parallel market, tumbled 0.05 percent to reach 25,140 points. In the energy market, US WTI crude was valued at $92.45 per barrel, and Brent crude at $93.75 per barrel. National Gas and Industrialization Co., or GASCO, climbed 0.95 percent, after signing an agreement to acquire 55 percent of Best Gas Carrier Co. at SR29 million ($7 million). Advance Petrochemical Co. gained 0.67 percent, after its capital was increased from SR2.1 billion to SR2.6 billion. The stock of Arabian Pipes Co. climbed 1.16 percent, after its board recommended reducing capital by 75 percent to SR100 million. Yamama Cement Co. fell 1.9 percent, after posting a 60 percent decline in profit in 2021. Al-Othaim Markets Co. rose 1.9 percent, after the company announced dividends of SR180 million for the second half of 2021. In the financial sector, Saudi Arabia’s largest valued bank, Al Rajhi Bank, fell 0.9 percent, and The Saudi British Bank, or SABB, dropped 0.63 percent despite reporting its loss turned into profits of SR3.2 billion in 2021. Stocks of Saudi Arabia’s oil giant Aramco remain flat.