Saudi Arabia's stock market ended 1.0 percent higher yesterday, after the main index plunged 4.2 percent on Saturday, its largest daily drop in 10 months.
Traders warned the Tadawul index could easily slump further if oil prices continued to slide when global markets reopened today.
"A rebound in share prices on Sunday was not a surprise after their abrupt fall on Saturday," Paul Gamble, chief economist and head of research, Jadwa Investment, told Arab News.
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