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Oman’s MSM30 Index down 0.68 % to 6,258.09pts

Oman’s MSM30 Index down 0.68 % to 6,258.09pts

MUSCAT: Oman’s MSM30 Index down 0.68 percent to closed at 6,258.09 points yesterday and MSM Sharia index also down by 0.63 percent to end at 976.57 points.

United Finance was the most active in terms of volume as well as turnover. United Finance, up by 5.80 percent, was the top gainer, while Al Hassan Engineering, down by 5.74 per cent, lost the most.

As many as 933 trades were executed during the day’s trading session generating turnover of OMR7.82 million with more than 35.20 million shares changing hands. Out of 48 traded securities, 4 advanced, 25 declined and 19 remained unchanged. At the close of the session, Omani investors remained net buyers to the tune of OMR4.38 million while GCC & Arab Investors were net sellers at OMR3.50 million followed by foreign investors, who sold stocks amounting to OMR882,000.

Financial Index closed at 7,606.49 points, down by 0.61 per cent. United Finance, Al Sharqia Investments, Oman & Emirates Holding and Bank Dhofar increased by 5.80 per cent, 1.29 per cent, 0.82 per cent and 0.57 per cent respectively. Al Madina Takaful, Al Madina Investments, Gulf Investment Services, Ominvest and Bank Muscat declined 3.57 per cent, 3.08 per cent, 2.03 per cent, 1.67 per cent and 1.44 per cent respectively.

Industrial Index declined by 0.96 per cent to close at 8,416.70 points. Al Hassan Engineering, Al Anwar Ceramics, Construction Materials, Oman Cables and Galfar Engineering decreased 5.74 per cent, 2.95 per cent, 2.78 per cent, 2.55 per cent and 2.04 per cent respectively.

Services Sector Index closed at 3,461.84 points, a loss of 0.61 per cent. Al Jazeera Services, OIFC, Renaissance Services, Ooredoo and Al Suwadi Power decreased 5.06 per cent, 2.38 per cent, 2 per cent, 1.16 per cent and 0.55 per cent respectively.