Mubasher: The Muscat Securities Market’s (MSM) main index, MSM 30, closed Tuesday on a positive note, as it moved up 0.57% or 30.5 points to the level of 5,380.03 points, and the Sharia Index rose 0.16% or 1.33 points to 827.67 points.
Turnover increased to OMR 4.11 million from OMR 1.92 million yesterday. Trading volume also climbed to 24.95 million shares distributed across 1,180 trades, compared to 8.83 million shares exchanged yesterday 553 transactions.
The financial and industrial sectors edged up 0.65% and 0.53% respectively, while services declined 0.16%.
Out of 40 companies, 18 closed in green, eight in red and the remaining 14 stood at the same rates.
Global Financial Investment was the index’s best performer after adding 4.55%, while Al Hassan Engineering topped losers by dropping 5.63%.
Bank Muscat made the biggest trading value activity with liquidity of OMR 1.53 million, and the share closed at OMR 0.452 with a rise of 1.35%.
Meanwhile, Galfar Engineering and Contracting owned the biggest trading volume activity through 7.75 million traded shares, nonetheless, its share fell 1.41% to OMR 0.072.
The main index closed yesterday in red due to the negative performance by the services and industrial sectors.
Translated by: Elwy el-Manzalawy
