MSM down 6% in June

Mubasher: The main index of the Muscat Securities Market (MSM) ended June down 5.6%, losing 303.64 points, and closing at the level of 5,118.31 points.

MSM30 was dragged down by the negative performance of the industrial and financial sectors’ stocks, as Al Anwar Holdings led the decliners and dropped 22.97%, followed by Al Batinah Power and Phoenix Power with 18.61%, and 11.15%, respectively.

On the other hand, United Finance was the top gainer as it added 14.17%, while Voltamp Energy gained 8.6%.

The market sectors indices saw a group decline, as the services sector lost 6.18%, while the financial and industrial sectors decreased by 4.77% and 2.43%.

Traded volumes reached 211.79 million shares in the month that had only 16 trading sessions, prior to the Eid holiday, while traded valyes amounted to OMR 41.03 million.

The market capital decreased by 1.96%, or OMR 351.52 million to OMR 17.61 billion down from 17.96 billion in May.

Mubasher Contribution Time: 27-Jun-2017 16:07 (GMT)
Mubasher Last Update Time: 27-Jun-2017 16:07 (GMT)