RIYADH: At the closing bell on Monday, the Saudi main index, TASI, finished 0.37 percent higher at 13,733, while the parallel market, Nomu, also edged up 0.09 percent to reach 24,214. United Wire Factories Co. rose 7.11 percent to lead the gainers, followed by GASCO, which went up by 4.84 percent. Arabian Contracting Services Co. was down 3.01 percent to lead the fallers. Saudi Research and Media Group was also down 3.88 percent at Monday"s closing. In the banking sector, Alinma Bank was up 0.24 percent, while Al Rajhi Bank gained 2.82 percent. Aramco, the largest player in the Saudi oil market, had inched up 0.12 percent by the end of Monday"s trading session. In the insurance sector, Saudi Arabian Cooperative Insurance Co., or, SAICO was up 0.49 percent. Almarai, a leading player in the food and beverage sector, fell 0.39 percent. As of 3.40 p.m Saudi time, Brent crude was priced at $112.4 per barrel, while West Texas Intermediate was at $107.4 a barrel.
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