Financial, services sectors boost MSM at close Sunday

Mubasher:  The general index of the Muscat Securities Market (MSM) rose at the end of Sunday’s session, the first session in the week, by 0.19% and closed at 5,056.57 points, increasing 9.49 points.

The financial sector went up 0.26% backed by the growth of three shares led by Al Anwar Holdings with 2.55%, which led the MSM in terms of volume and value after 1.98 million shares were traded at OMR 319,360. Meanwhile, Alizz Islamic Bank added 1.41%.

United Finance Company’s (UFC) 4.17% drop, making it the top faller on Sunday, trimmed the financial sector’s gains.

The services sector grew 0.1% on the back of four shares led by Oman Education and Training Investment (OETI), which headed risers, adding 4.83%. Moreover, Al Jazeira Services share gained 0.7%.

On the other hand, the industrial sector was the sole decliner, shedding 0.17% after Al Jazeera Steel dropped 4%, while Omani Fisheries and Al Anwar Ceramic lost 0.85% and 0.81%, respectively.

Turnover on the MSM declined to 6.27 million shares versus 14.07 million shares on Thursday, whereas trading value went down to OMR 932,380 compared to OMR 2.75 million. 

Mubasher Contribution Time: 10-Sep-2017 12:40 (GMT)
Mubasher Last Update Time: 10-Sep-2017 13:08 (GMT)