RIYADH: The stock market in Saudi Arabia wrapped up the previous trading week with gains, buoyed by higher oil prices. At Thursday’s closing bell, TASI was up 0.4 percent to 13,313 points and Nomu added 0.6 percent to 24,296. Oman and Qatar led the gains in the Gulf, rising 1.6 and 1.5 percent, respectively. Kuwait’s bourse was down, while the Bahraini index ended almost flat. Elsewhere in the Middle East, Egypt’s blue-chip index EGX30 shed 2.2 percent. Stock exchanges in Dubai and Abu Dhabi both advanced for a second straight day on Friday, by 0.8 and 1 percent, respectively. Oil prices settled higher, with Brent crude closing at $102.78 a barrel and US West Texas Intermediate at $98.26 a barrel at the end of last week. Stock news Almarai Co. reported a 47 percent increase in profit to SR420.5 million ($112 million) for the first quarter of 2022 Fawaz Abdulaziz Alhokair Co. appointed Mohamad Mourad as CEO after Marwan Moukarzel resigned Saudi Arabia’s Advanced Petrochemical co. saw its profit increase by 4 percent during the first quarter of 2022 to SR164 million The board of Wafrah for Industry and Development Co. appointed Khaled Zaid Alshammari as CEO effective Apr. 10