MSM index ends lower

The top gainer was Government Bonds Issue 49 which closed higher by 11.11% while top loser was Al Madina Investment which closed lower by 4.55%.

MUSCAT: MSM30 index closed at 4,026.04 down 0.07 per cent. The Sharia Index closed down by 0.09 per cent at 552.86 points Government Bonds Issue 49, up 11.11 per cent, was the top gainer. Al Madina Investment, down 4.55 per cent, was the top loser. Ominvest was the most active in terms of number of shares traded as well as in terms of turnover.

A total number of 278 trades were executed during the day’s trading session, generating turnover of OMR1.99 million with more than 6.32 million shares changing hands. Out of 39 traded stocks, 7 advanced, 13 declined and 19 remained unchanged. At the session close, domestic investors were net buyers for OMR76,000 while foreign investors were net sellers for OMR67,000 followed by foreign investors for OMR9,000 worth of shares.

Financial Index

closed

at 6,385.17 points, down 0.09 per cent. Alizz Islamic Bank and Bank Muscat were up by 1.56 per cent and 0.46 per cent. Al Madina Investment, Gulf Investment and Sohar International Bank were down by 4.55 per cent, 2.63 per cent and 1.80 per cent respectively.

Industrial Index closed at 4,513.69 points, down 0.11 per cent. Raysut Cement was up by 1.23 per cent. Al Anwar Ceramic was down by 2.01 per cent. Services index closed up 0.05 per cent at 1,949.91 points. National Gas, Sembcorp Salalah and Omantel were up by 2.26 per cent, 0.81 per cent and 0.65 per cent respectively. Al Batinah Power, Al Jazeera Service, Al Suwadi Power, Musandam Power and OIFC were down by 3.03 per cent, 1.73 per cent, 1.52 per cent, 1.20 per cent and 0.85 per cent respectively.