Mubasher: Muscat Securities Market’s (MSM) benchmark index, MSM 30, remained in the red zone for the seventh consecutive week, amid decreasing liquidity.
The index shrank 1.69% or 91.91 points to the level of 5,359.30 points, versus 5,451.21 points last week.
Sharia index also plummeted 0.98% to 8.42 points, reaching the level of 854.14 points, against 862.56 points last week.
The total number of traded securities fell 25.47% to 42.8 million shares, compared to 57.4 million shares exchanged a week ago.
Also, total trading value declined 14.68% to QAR 11.48 million, versus QAR 13.46 million last week.
The total number of trades hit 2,416, with a drop of 19.06% when compared to 2,985 trades last week.
Arab and foreign purchases were valued at OMR 317,320, compared to sales of OMR 3.166 million, while the Omani purchases came to OMR 9.57 million versus sales of OMR 5.48 million.
The market value rose 8.13% to OMR 15.7 billion, versus OMR 14.5 billion last week.
Meanwhile, the financial, services and industrial sectors all declined by 1.84%, 0.95% and 0.58%, respectively.
Al Jazeera Steel Products Company headed gainers with a growth of 11.28%, whereas Al Jazeira Services topped losers after moving 7.43% lower.
Muscat Bank was the most active in terms of value as it reached OMR 2.58 million, while Oman Hotels saw a volume of 5.8 million shares, making it the heaviest traded stock.
MSM 30 shrank last week 1.92% to 106.52 points to 5,451.21 points.
