Mubasher: The Muscat Securities Market (MSM) ended Monday’s trading session in red, as the main index MSM30 lost 0.14% or 7.89 points, and closed at the level of 5,799.92 points.
The benchmark index declined on the back of blue chip stocks as Galfar Engineering, Al Anwar Ceramic, and Al Sharqiya Investment went down by 2.13%, 1.2%, and 0.78% respectively.
The industry sector index also decreased 0.22%, as the stock of Construction Material Industry, and Oman Fisheries fell by2.94% and 2.14% respectively.
The sector’s losses were offset by the gains of Oman Textile Holding, which led the session’s gainers and surged 16.11%. The services sector slipped 0.11%, as Port Services Corp, and Phoenix Power plumped 2.58%, and 0.69% respectively.
On the other hand, the financial sector edged up 0.07%, supported by Al Madina Investment, and Muscat Finance which rose by 1.45%, and 0.72% respectively, despite that Al Batinah was today’s biggest loser and dropped 8.16%.
Traded volumes decreased to 15.23 million shares compared to 24.68 million shares on yesterday’s session. Similarly, turnover declined to OMR 3.47 million from OMR 4.85 million on Sunday.
