Mubasher: The Muscat Securities Market’s (MSM) main index dropped at the closing of Monday’s trading session by 0.44% or 25.39 points to the level of 5,715.82 points.
The performance of the index was affected by the drop in the financial and services sectors, with the first retreating 0.55%, pressured by Bank Muscat and Al Batinah Development and Investment Holding Company (DBIH) by 2.22% each.
Oman and Emirates’ gain of 4.6% reduced/trimmed the financial sector’s decline.
The services sector went down 0.29%, weighed down by Oman National Engineering, which dropped 9.26%, followed by Sohar Power and Renaissance Services with 2.71% and 2.42%, respectively.
The industrial sector was the only gainer, edging up 0.01%, backed by four stocks.
Traded volume increased to 27.82 million shares on Monday from 17.33 million on Sunday, while turnover grew to OMR 7.38 million from OMR 5.44 million in the previous session.
