MSM 30 weekly trades decline 0.24%

Mubasher: Muscat Securities Market’s (MSM) benchmark index, MSM 30, closed out the last session in 2015 in red, as it declined 0.24% or 13.10 points to the level of 5,406.22 points, versus 5,419.32 points last week.

The Sharia index also retreated 0.91% to 7.86 points, reaching the level of 855.36 points, against 863.22 points last week.

The total number of traded securities rose 485.9% to 306.87million shares, compared to 52.38 million shares exchanged a week ago. 

Also, the total trading value leapt 71.7% to OMR 90.98 million, versus OMR 52.99 million reached last week.

Declining 0.62% made the industrial sector on top of the losers list which included all the other sectors. Coming in second, the financial sector lost 0.41%, followed by services which dipped 0.36%.

Oman Agriculture Development led the week’s trading with a growth of 24.14%, while Oman National Engineering and Investment made the deepest loss as it moved 9.8% lower.

Recording the largest turnover, Muscat Bank added OMR 34.93 million, while Ahli Bank Oman took the lion’s share of the weekly volumes as it saw 111.49 million shares being traded.

Arab and foreign purchases were valued at OMR 2.02, compared to sales of OMR 3.6 million, while the Omani purchases came to OMR 88.13 million versus sales of OMR 73.9 million.

MSM 30 closed last week’s trading at the level of 5,419.32 points after rising 1.12% or 60.02 points, versus 5,359.30 points in the previous week.

Mubasher Contribution Time: 31-Dec-2015 10:48 (GMT)