MSM30 rises 0.32%; vol­umes de­cline

Muscat Daily - - BUSINESS -

Mus­cat - The bench­mark in­dex of Mus­cat Se­cu­ri­ties Mar­ket (MSM) rose 0.32 per cent to close at 5,063.95 points on Sun­day.

Trad­ing ac­tiv­ity de­te­ri­o­rated from the pre­vi­ous ses­sion as turnover de­creased by 19.48 per cent to RO1.11mn and vol­umes de­clined 30.36 per cent to 4.96mn shares.

The gains in the main in­dex were sup­ported by all the subindices. The Fi­nan­cial in­dex rose by 0.6 per cent, In­dus­trial in­dex climbed by 0.34 per cent and Ser­vices in­dex rose by 0.02 per cent. The MSM Shariah in­dex closed up by 0.1 per cent at 748.08 points.

Mar­ket breadth re­mained pos­i­tive as 11 com­pa­nies closed up, while three com­pa­nies closed down. The rest ten traded stocks closed flat for the day.

Top gain­ers were Al Mad­ina In­vest­ment (4.69 per cent), Oman Fish­eries (1.59 per cent), Al An­war Hold­ing (1.4 per cent) and Bank So­har (1.38 per cent).

The three losers were Oman­tel (-0.87 per cent), Na­tional Gas (-0.66 per cent) and Port Ser­vices Cor­po­ra­tion (-0.49 per cent).

Newspapers in English

Newspapers from Oman

© PressReader. All rights reserved.