Blue chips push MSM down at Monday's close

Mubasher: The main index of the Muscat Securities Market (MSM) closed Monday in the red zone, falling 0.41% or 22.16 points to reach 5,405.73 points.

Galfar Engineering and Contracting, Bank Nizwa, and Al Sharqiya Investment Holding decreased 2.41%, 2.02%, and 1.74%, respectively.

The financial sector declined 0.53% after Alizz Islamic Bank lost 2.25% and Al Batinah Development and Investment Holding dropped 2.13%.

The services sector shed 0.31% as Oman National Engineering and Investment and Oman Investment and Finance went down 1.57% and 1.50%, respectively.

The industry sector tumbled 0.31% after Al Anwar Ceramic Tiles Company levelled down 1.39% and Oman Fisheries fell 1.32%.

Traded volume declined to 11.41 million shares on Monday against 15.17 million shares on Sunday, while liquidity dropped to OMR 2.27 million from OMR 3.67 million.

Mubasher Contribution Time: 05-Jun-2017 11:30 (GMT)
Mubasher Last Update Time: 05-Jun-2017 11:34 (GMT)