MSM in­dex ends higher

The top gainer was OIFC, up by 3.75% while the top loser was Con­struc­tion Ma­te­ri­als Ind. which closed lower by 3.33%

Times of Oman - - MARKET -

MUS­CAT: The MSM30 in­dex ended higher to close at 4552.30 points, up by 0.39 per cent. MSM Sharia In­dex closed at 615.47 points, up by 0.34 per cent. Al Mad­ina Taka­ful was the most ac­tive in terms of vol­ume while Bank Mus­cat was the most ac­tive in terms of turnover. The top gainer of the day was OIFC, up by 3.75 per cent while the top loser was Con­struc­tion Ma­te­ri­als Ind. which closed lower by 3.33 per cent.

A to­tal num­ber of 558 trades were ex­e­cuted dur­ing the day’s trad­ing ses­sion gen­er­at­ing turnover of OMR1.74 mil­lion with more than 11.07 mil­lion shares chang­ing hands. Out of 34 traded stocks, 17 ad­vanced, 11 de­clined and 6 re­mained un­changed. At the ses­sion close, GCC and Arab in­vestors were net sell­ers for OMR209,000, fol­lowed by for­eign in­vestors for OMR122,000 while Omani in­vestors were net buy­ers for OMR331,000 worth of shares.

Fi­nan­cial In­dex gained 0.03 per cent to at 7,105.79 points. Omin­vest, Al Mad­ina In­vest­ment, Bank Dho­far, Gulf In­vest Ser­vices Hold­ing and Al Shar­qia In­vest­ment Hold­ing were up by 2.79 per cent, 2.63 per cent, 1.72 per cent, 1.25 per cent and 1.08 per cent re­spec­tively.

Al An­war Hold­ing, Bank Mus­cat, Mus­cat Fi­nance, United Fi­nance and Bank Nizwa were down 2.86 per cent, 2.21 per cent, 1.19 per cent, 1.1 per cent and 1.09 per cent re­spec­tively.

In­dus­trial In­dex gained 0.59 per cent to close at 5,312.06 points. Almaha Ceram­ics, Oman Fish­eries, Ray­sut Ce­ment, Oman Ce­ment and Gal­far En­gi­neer­ing were up by 3.38 per cent, 2.74 per cent, 1.98 per cent, 1.97 per cent and 1.06 per cent re­spec­tively. There were no losers.

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