Mubasher: The general index of the Muscat Securities Market (MSM) rose 0.87% to 5,047.01 points at Tuesday’s close, winning 43.3 points.
The rise in the general index was backed by a rise in major stocks, as Al Anwar Ceramic Tiles, Omantel, and Gulf Investments rose 4.2%, 4.17%, and 2.67%, respectively.
The total market value of the MSM-listed companies rose 0.38% to OMR 17.63 billion, gaining OMR 67.36 million.
All sectors witnessed an increase, led by the services sector with a 0.94% hike, backed by Oman Hotels and Vision Insurance stocks with 4.55% and 2.67%, respectively.
The industrial sector rose 0.79%, influenced by the increase of Oman Flour Mills and Galfar Engineering by 1.91% and 1.41%, respectively.
The financial sector also increased 0.19%, backed by United Finance, the top gainer, which hiked 8.11%; however, it was weighed down by Bank Nizwah, the top loser, which slid 1.08%.
Trading volume dropped to 13.84 million shares on Tuesday versus 18.42 million shares on Monday; however, trading value increased to OMR 3.84 million versus OMR 3.28 million the day before.
