MSM 30 closes 0.22% higher

Mubasher: The MSM 30 index of the Muscat Securities Market rose at Wednesday’s close by 0.22% or 11.84 points to the level of 5,493.82 points.

Trading volume decreased to 10.31 million shares from 14.02 million shares exchanged on Tuesday, turnover also declined to OMR 2.03 million from OMR 2.2 million.

The financial sector increased 0.47% as Al Anwar Holdings grew 2.42%, Bank Nizwa advanced 1.27% and Bank Muscat leapt 0.48%.

The industrial sector rose 0.11% as Al Hassan Engineering topped gainers by adding 7.55% and Construction Material Industry levelled up 3.23%.

The services sector increased 0.03% due to the rise in Port Services Corp and Sembcorp Salalah by 0.43% for each, while Al Jazeira Services led the red list after falling by 2.04%.

Bank Nizwa made the biggest trading volume activity of 1.93 million shares, while Bank Muscat made the highest turnover of OMR 576,550.

Mubasher Contribution Time: 16-Nov-2016 10:23 (GMT)
Mubasher Last Update Time: 16-Nov-2016 10:23 (GMT)