MSM 30 gains 75 pts; 4th rise in row

Mubasher: The Muscat Securities Market’s (MSM) main index, MSM 30, advanced on Sunday 1.28% or 74.68 points to 5,891.89 points, recording its fourth rise in a row.

Trading volume decreased 6.63% to 52.01 million shares from 55.71 million shares exchanged on Thursday.

Meanwhile, turnover increased 16.95% to OMR 10.69 million from OMR 9.15 million.

The financial, industrial and services sectors rose collectively by 2.12%, 1.04% and 0.9% respectively.

Galfar Engineering was the best performing share after adding 8.57%, while Taageer Finance was the worst after falling 3.57%.

Galfar Engineering was the largest-traded stock with a volume of 7.66 million shares, while Salalah Mills made the highest liquidity with OMR 1.74 million.

The bourse’s main index rose on Thursday by 1.35% or 77.7 points to 5,817.21 points, the highest level since 16 November 2015.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 24-Apr-2016 12:23 (GMT)
Mubasher Last Update Time: 24-Apr-2016 14:41 (GMT)