MSM 30 opens on negative note

Mubasher: The Muscat Securities Market (MSM) kicked off Sunday’s trading in the red zone as the benchmark MSM 30 shrank 0.03% or 1.59 points to the level of 5,465.83 points.

The Shariah index also declined 0.05% or 0.42 point to the level of 838.58 points.

Turnover reached OMR 514,020 ($1.3 million) as 4.15 million shares were exchanged through 321 trades.

Gulf International Chemicals was the worst performing share after falling 9.48%, while Al Hassan Engineering topped gainers by adding 4.88.

Galfar Engineering was the largest-traded stock with 1.83 million shares, whereas Bank Sohar made the highest liquidity with OMR 190,580 ($494,821).

MSM 30 closed Thursday’s trading at the level of 5,467.42 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 03-Apr-2016 07:17 (GMT)