As global markets tumble due to Russia"s conflict in Ukraine, Saudi Arabia’s stock exchange recovers for a second day with oil prices easing. The price of Brent crude stood at $114.38 per barrel, while US WTI traded at $110.50 a barrel, as of 10:15 a.m. Saudi time. The main index, TASI, opened 0.14 percent higher to 12,755, while the Nomu parallel market opened flat at 24,806. Gulf Union Alahlia Cooperative Insurance Co. climbed 5.60 percent to lead the gainers, while the AL Maather REIT Fund fell 5.60 percent to lead the faller. Saudi Automotive Services Co., SASCO, rose 2.58 percent, after reporting a 26 percent increase in profit to SR50 million ($13 million) in 2021. The shares of Saudi Aramco, the largest player in the Saudi oil market, edged down 1.62 percent. In the financial sector, Al Rajhi Bank edged up 0.26 percent, and Alinma Bank gained 0.88 percent.