RIYADH: Saudi Arabia"s benchmark index ended lower for a second consecutive day after oil prices fell and inflation and high interest rates triggered a global recession. Brent crude settled at $101.68 a barrel, while West Texas Intermediate traded at $95.83, as of 3:08 p.m. Saudi time. As of Wednesday"s closing bell, TASI lost 0.15 percent to 12,291 while the parallel market, Nomu, added 0.98 percent to 21,758. The Saudi National Bank shed 0.28 percent, while the Kingdom’s largest valued bank, Al Rajhi, fell 0.91 percent. Saudi British Bank added 0.72 percent, after its profit increased by 10 percent to SR2.1 billion ($559 million) in the first half of 2022. Herfy Food Services Co. slipped 4.01 percent, after its half-year profit was down 7 percent to SR49 million. Telecom giant stc gained 0.40 percent, after posting a slight profit surge of 2 percent to SR5.9 billion in the first half of 2022. Shares of Saudi Aramco, the largest player on the Saudi oil market, ended the day flat at SR39.85.