Mubasher: The general index of the Muscat Securities Market (MSM) on Thursday fell 0.35% or 17.5 points to 5,047.08 points.
The general index was dragged down by banks’ stocks, as Alizz Islamic Bank, Muscat Bank, and Bank Sohar slid 1.39%, 1.02%, and 0.65%, respectively.
The financial sector dropped 0.22%, weighed down by Al Madina Takaful, and National Bank with 0.95% and 0.61%, respectively.
The services sector also declined 0.17%, as Port Services, Ooredoo, and Omantel fell 1.12%, 0.91%, and 0.41%, respectively.
On the other hand, the industrial sector rose 0.22%, as Galfar Engineering, and National Aluminium Products went up 4.11% and 0.66%, respectively.
Trading volume rose to 14.07 million shares versus 12.04 million shares on Wednesday, with trading value increasing to OMR 2.75 million from OMR 1.82 million.