Muhammad Abdullah

Okaz/Saudi Gazette

Dammam — Saudi stocks made a strong comeback on Monday.

The Tadawul All-Shares Index (TASI) surged 4.04 percent at close.

It closed at 7568 points amid active trading with a total value of about SR6.3 billion to compensate for all losses on Sunday.

All the sectors in the market ended higher while 183 out of 185 listed firms made gains. The index is now 4.6 percent up on the year.

Market analysts said the sharp decline in the general index during the opening session on Sunday was linked to the decline in the closing session on Thursday last.

They noted that many global markets recorded a decline, and that the index’s holding at 7010 points is a sign of strong support.