MSM30 rises 0.48% on im­proved ac­tiv­ity

Muscat Daily - - BUSINESS -

Mus­cat - The bench­mark in­dex of the Mus­cat Se­cu­ri­ties Mar­ket (MSM) rose 0.48 per cent to close at 5,048.4 points on Tues­day.

Trad­ing ac­tiv­ity im­proved from the pre­vi­ous ses­sion as turnover in­creased by 0.89 per cent to RO3.07mn and vol­umes rose 10.74 per cent to 12.73mn shares.

While the Fi­nan­cial and In­dus­trial in­dices rose by 0.82 per cent and 0.25 per cent, re­spec­tively; Ser­vices in­dex fell by 0.01 per cent. The MSM Shariah in­dex closed up by 0.18 per cent at 742.73 points. Mar­ket breadth re­mained pos­i­tive as 11 com­pa­nies closed up, while three com­pa­nies closed down. The rest 25 traded stocks closed flat for the day.

Top gain­ers were Gulf In­vest­ment Ser­vices (3.9 per cent), Na­tional Bank of Oman (2.42 per cent), Al An­war Ce­ramic Tiles (2.36 per cent) and Al An­war Hold­ings (2.1 per cent)

The three losers were Oman Ed­u­ca­tion & Train­ing In­vest­ment Hold­ing (-1.88 per cent), Na­tional Gas (-0.66 per cent) and Port Ser­vices Cor­po­ra­tion (-0.5 per cent).

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