MSM 30 shuts 0.53% higher

Mubasher: The MSM 30 index of Muscat Securities Market (MSM) recorded on Wednesday its second rise in a row after advancing 0.53% or 30.43 points to 5,739.47 points.

The Shariah index also grew 0.08% to the level of 863.35 points.

Trading volume increased 18.18% to 30.23 million shares from 25.57 million shares exchanged yesterday.

Turnover rose 49.52% to OMR 5.79% from OMR 3.87 million on Tuesday.

The bourse’s sectors rose collectively, topped by the financial with a growth of 0.42% followed by the services and industrial with a rise of 0.31% and 0.19% respectively.

Tracking stock performance, Al Hassan Engineering was the best performer after adding 6.17%, while National Hospitality Institute was the worst with a fall of 74.05%.

Bank Sohar was the largest-traded stock with a volume of 7.24 million shares, whereas Oman cement made the highest liquidity with OMR 1.24 million.

MSM 30 rose yesterday by 0.86% or 49.1 points to the level of 5,709.03 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 20-Apr-2016 10:32 (GMT)
Mubasher Last Update Time: 20-Apr-2016 10:32 (GMT)