MSM30 de­clines 0.19% as vol­umes fall

Muscat Daily - - BUSINESS -

The bench­mark in­dex of the Mus­cat Se­cu­ri­ties Mar­ket (MSM) fell by 0.19 per cent at 5,063.85 points on Tues­day.

Trad­ing ac­tiv­ity re­mained weak as turnover de­creased by 8.65 per cent to RO2.59mn and vol­umes fell 3.81 per cent to 12.27mn shares com­pared to the pre­vi­ous ses­sion.

While the Fi­nan­cial and In­dus­trial in­dices rose by 0.26 per cent and 0.59 per cent, re­spec­tively; Ser­vices in­dex fell by 0.26 per cent. The MSM Shariah In­dex marginally de­clined at 755.44 points.

Mar­ket breadth re­mained pos­i­tive as 14 com­pa­nies closed up, while eight com­pa­nies closed down. The rest ten traded stocks closed flat for the day.

Top gain­ers were Oman Fish­eries (6.72 per cent), Al Shar­qiya In­vest­ment Hold­ing (4.76 per cent), Al Mad­ina In­vest­ment (4.62 per cent) and Al An­war Ce­ramic Tiles (4.13 per cent). Top losers were Salalah Port Ser­vices (-4.43 per cent), Al Jazeera Steel Prod­ucts (-4 per cent), Oore­doo (-1.76 per cent) and Oman United In­sur­ance (-1.75 per cent).

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