MSM 30 rises to 5-month high

Mubasher: The Muscat Securities Market (MSM) closed Thursday in the green zone as the benchmark MSM 30 rose 0.63% or 35 points to 5,609.7 points, the highest level since five months.

The Shariah index also leapt 0.66% or 5.6 points to the level of 851.64 points.

Trading volume reached 44.93 million shares exchanged at OMR 7.6 million ($19.74 million) through 1,884 trades.

The financial sectors advanced 1.09% as Oman and Emirates Investment Holding rose 7.27%.

The services and industrial sectors also leapt by 0.67% and 0.65%.

Out of 50 companies, 27 shares closed in green, nine others shrank and the remaining 14 were flat.

Oman Flour Mills was the best performer with a rise of 7.84%, while Gulf Investment Services Holding topped losers by falling 9.57%.

Al Anwar Holdings was the most active share with a volume of 9.07 million shares exchanged at OMR 2.02 million ($5.25 million). The stock rose 4.21%.

The main index rose yesterday by 0.08% or 4.55 points to the level of 5,574.52 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 07-Apr-2016 09:48 (GMT)
Mubasher Last Update Time: 07-Apr-2016 10:52 (GMT)