MSM 30 gains 74 points; all sectors up

Mubasher: The benchmark MSM 30 of Muscat Securities Market (MSM) closed Monday at the level of 5,562.88 points after rising 1.35% or 73.95 points.

The Shariah index also leapt 0.58% or 4.86 points to the level of 847.03 points.

Trading volume reached 30.92 million shares exchanged at OMR 5.16 million ($13.4 million) through 4,860 transactions.

The financial was the best performing sector with a growth of 1.64%, supported by a rise of 6.9% in Bank Sohar, which topped gainers in today’s session, while Global Financial Investment headed losers with a fall of 9.63%.

The industrial sectors also increased 0.56% as Al Hassan Engineering advanced 2.45%.

The services sector rose 0.1%, backed by Omantel with a 1.63% increase.

Out of 45 companies, 23 shares closed in green, eight others declined and the remaining 14 stood at the same rates.

Galfar Engineering was the most traded share with a volume of 7.4 million shares, whereas Bank Sohar made the highest liquidity with OMR 883,230 ($2.3 million).   

MSM 30 advanced yesterday 0.39% or 21.51 points to the level of 5,488.93 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 04-Apr-2016 09:56 (GMT)