MSM30 rises 0.33%; volumes down
Muscat - The benchmark index of the Muscat Securities market (MSM) rose 0.33 per cent to close at 5,083.92 points on Monday.
While the turnover increased 17.73 per cent to RO2.24mn, volumes decreased 44.84 per cent to 6.38mn shares.
While the Services index rose 0.97 per cent; Financial and Industrial indices fell 0.25 per cent and 0.07 per cent, respectively. The MSM Shariah index closed up by 0.54 per cent at 730.57 points.
Market breadth remained negative as six companies closed up, while nine companies closed down. The rest 20 traded stocks closed flat for the day.
Top gainers were Omantel (5.17 per cent), Renaissance Services (4.12 per cent), Oman & Emirates Investment Holding (2.5 per cent) and Gulf Investment Services (1.24 per cent).
Top losers were Oman Qatar Insurance (-3.33 per cent), Bank Sohar (-1.88 per cent), Al Sharqiya Investment Holding (-1.82 per cent) and Galfar Engineering & Contracting (-1.24 per cent).