MSM30 rises 0.05%; vol­umes jump

Muscat Daily - - BUSINESS -

Mus­cat - The bench­mark in­dex of Mus­cat Se­cu­ri­ties Mar­ket (MSM) rose 0.05 per cent to close at 4,997.77 points on Tues­day.

Trad­ing ac­tiv­ity im­proved from the pre­vi­ous session as turnover jumped by 69.99 per cent to RO5.07mn and vol­umes surged 94.84 per cent to 21.61mn shares.

While the In­dus­trial and Ser­vices in­dices rose by 0.02 per cent and 0.06 per cent, re­spec­tively; the Fi­nan­cial in­dex fell 0.2 per cent. The MSM Shariah in­dex closed down by 0.17 per cent at 741.31 points. Mar­ket breadth re­mained neg­a­tive as five com­pa­nies closed up, while nine com­pa­nies closed down. The rest 18 traded stocks closed flat for the day.

Top gain­ers were Gal­far En­gi­neer­ing & Con­tract­ing (1.37 per cent), Al Shar­qiya In­vest­ment Hold­ing (0.95 per cent), Oore­doo (0.92 per cent) and Oman­tel (0.9 per cent).

Top losers were Al Mad­ina Taka­ful (-2.61 per cent), Port Ser­vices Cor­po­ra­tion (-2.37 per cent), Na­tional Alu­minium Prod­ucts (-2.24 per cent) and Gulf In­vest­ment Ser­vices (-1.27 per cent).

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