MSM30 ex­tends gains as vol­umes im­prove

Muscat Daily - - BUSINESS -

Mus­cat - The bench­mark in­dex of the Mus­cat Se­cu­ri­ties Mar­ket (MSM) rose 0.1 per cent to close at 5,007.65 points on Tues­day.

Trad­ing ac­tiv­ity im­proved from the pre­vi­ous ses­sion as turnover in­creased 49.24 per cent to RO2.96mn and vol­umes in­creased 28.23 per cent to 15.01mn shares.

While the In­dus­trial in­dex fell 0.27 per cent; Fi­nan­cial and Ser­vices in­dices rose 0.21 per cent and 0.36 per cent, re­spec­tively. The MSM Shariah in­dex closed down by 0.39 per cent at 710.62 points.

Mar­ket breadth re­mained neg­a­tive as eight com­pa­nies closed up, while 14 com­pa­nies closed down. The rest 13 traded stocks closed flat for the day.

Top gain­ers were Oman & Emi­rates In­vest­ment Hold­ing (5.68 per cent), Re­nais­sance Ser­vices (4.58 per cent), Bank Mus­cat (2.53 per cent) and Na­tional Gas (1.03 per cent).

Top losers were Global Fi­nan­cial in­vest­ments (-10.83 per cent), Mus­cat Thread Mills (-5.88 per cent), Al­izz Is­lamic Bank (-2.53 per cent) and Al Mad­ina Taka­ful (-2.11 per cent).

Newspapers in English

Newspapers from Oman

© PressReader. All rights reserved.