Index still in red zone

The top gainer was Voltamp Energy, up by 1.90 per cent. National Gas, down by 3.66 per cent, lost the most.

MUSCAT: Oman’s general index — MSM30 Index — continued its negative run to close at 6,432.29 points, down by 0.15 per cent, whereas the MSM Shariah Index gained 0.07 per cent to close at 994.76 points.

Phoenix Power was the most active in terms of volume as well as turnover. The top gainer was Voltamp Energy, up by 1.90 per cent, while National Gas, down by 3.66 per cent, lost the most.

As many as 1,525 trades were in the session generating a turnover of OMR6.45 million with over 33.1 million shares changing hands. Out of 35 traded securities, three advanced, 18 declined and 14 remained unchanged. At the close of the session, Omani investors were net buyers to the tune of OMR949,000 worth of shares followed by GCC and Arab investors at OMR680,000, while for- eign Investors, who were the net sellers, sold shares amountiong to OMR1.62 million.

Financial Index declined 0.35 per cent to close at 7,741.09 points. Al Sharqia Investments increased 1.64 per cent to close at OMR0.124. Al Madina Takaful, Gulf Investment Services, Al Anwar Holding, Al Madina Investments and Oman & Emirates Holding declined 2.22 per cent, 1.48 per cent, 1.45 per cent, 1.28 per cent and 0.85 per cent respectively.

Industrial Index ended on a positive note at 8,345.61 points, up by 0.14 per cent. Voltamp Energy and Oman Cables gained 1.90 per cent and 1.35 per cent respectively. Gulf International Chemicals and Galfar Engineering declined 1.71 per cent and 1.59 per cent respectively.

Services Sector Index retreated 0.17 per cent and closed at 3,473.01 points.