MSM 30 closes on positive note

Mubasher: The Muscat Securities Market (MSM) ended Wednesday’s session in the green territory as the benchmark MSM 30 advanced 0.08% or 4.55 points to 5,574.52 points.

Meanwhile, the Shariah index declined 0.01% or 0.06 point to the level of 846.05 points.

Trading volume reached 23.57 million shares which were exchanged at OMR 5.06 million ($13.14 million) through 1,380 trades.

The financial sector grew 0.54%, backed by Oman Investment and Finance and Ominvest as they rose 6.8% and 6.58% respectively, while Global Financial Investment topped losers with a fall of 9.8%.

The industrial sector rose 0.02% as Al Maha Ceramics rose 4.28%.

The services sector dropped 0.06% as Sembcorp Salalah Power and Water fell 2.58%, while Port Services Corp increased 8.72% to top today’s gainers.

Al Anwar Holdings was the largest-traded stock with a volume of 6.41 million shares, while Bank Muscat made the highest liquidity with OMR 1.45 million ($3.77 million).

MSM 30 went up yesterday by 0.41% or 22.9 points to 5,585.78 points.

Translated by: Elwy el-Manzalawy 

Mubasher Contribution Time: 06-Apr-2016 09:54 (GMT)
Mubasher Last Update Time: 06-Apr-2016 12:37 (GMT)