MSM closes Tuesday down; services, financial weigh

Mubasher: The main index of the Muscat Securities Market (MSM) ended Tuesday 0.32% or 17.68 points lower reaching 5,423.26 points.

The index was affected by a drop in its leading stocks as Sembcorp Salalah Power and Water Company, Oman United Insurance, and the National Bank of Oman (NBO) lost 4%, 2.70%, and 2.64%, respectively.

The services sector shed 0.57% after Sohar Power retreated 6.5% and Acwa Power Barka dropped 6.09%, whereas Oman Education and Training Investment Company grew 9.66%.

The financial sector declined 0.41% as Al Madina Investment and Global Financial Investment fell 1.49% and 1.23%, respectively.

The industry sector inched down 0.06% after Al Anwar Ceramic Tiles tumbled 0.70%.

Traded volume rose to 10.68 million shares on Tuesday against 8.89 million on Monday, while liquidity increased to OMR 2.15 million from OMR 1.62 million.

Mubasher Contribution Time: 09-May-2017 11:04 (GMT)
Mubasher Last Update Time: 09-May-2017 11:04 (GMT)