MSM closes Sunday in red

Mubasher: The Muscat Securities Market (MSM) ended Monday’s trading session losing 0.43% or 25.35 points, closing at the level of 5873.8 points.

The main index was dragged down by most of the stocks, with Al Jazeira Services leading the decliners with 4.41%, followed by Al Sharqiya Investment and Port Services which dropped 3.57% and 3.45% respectively.

Only two stocks ended today’s session in the green zone, as Galfar Engineering and Contracting gained 1.94%, and Al Batinah Power added 0.51%.

The financial sector decreased the most with 0.84%, as Al Sharqiya Investment, Bank Nizwa, and Bank Sohar fell 3.57%, 2.06%, and 1.78% respectively.

Sohar bank registered the biggest traded volume and the highest traded value with 2.14 million shares traded a total turnover of OMR 356,530.

The industrial sector lost 0.17%, while the services sector slipped 0.07%.

Total traded volume decreased to 10.74 million shares from 11.1 million on Sunday, while total turnover increased to OMR 2.57 million from around OMR 285,450 in the last session.

Mubasher Contribution Time: 22-Aug-2016 12:11 (GMT)
Mubasher Last Update Time: 24-Aug-2016 11:32 (GMT)