Mubasher: Muscat Securities Market (MSM) maintained its negative performance for the fifth session in row, pressured down by blue chips.
The main index fell 0.63% or 36.3 points to reach 5,735 points.
Raysut Cement was the top loser after declining 2.3%, while Ahli Bank and Ominvest retreated 2.11% and 1.79% respectively. However, Oman and Emirates Investment Holding topped gainers with a 3.01% rise.
The financial sector slid 0.56%, weighed down by Al Batinah Development and Investment Holding and Ahli Bank which decreased 2.17% and 2.11% respectively. Bank Nizwa was the most active stock with a trading volume of 17.55 million shares, generating OMR 1.32 million..
The industrial sector retreated 0.27% as Raysut, Al Anwar Ceramic Tiles and Oman Cement went down 2.3%, 1.39% and 1.25% respectively.
The services sector tumbled 0.07% due to a decline Oman Investment and Finance, and Oman National Engineering and Investment by 1.52% and 9.88% respectively.
Trading volume reached 30.3 million shares on Wednesday, compared to 8.65 million shares on Tuesday. Turnover stood at OMR 4.55 million, compared to OMR 2.25 million.
