Mubasher: The Muscat Securities Market’s (MSM), main index, MSM 30, dropped during this week by 1.2% or 66.16 points to the level of 5,467.42 points.
The Shariah index also plummeted 1.66% or 14.2 points to the level of 839.01 points.
The index was affected by sales of non-Omani investors as they bought shares valued at OMR 2.45 million ($6.36 million).
Trading volume decreased 2.72% to 129.09 million shares, while turnover increased by 18.93% to OMR 21.96 million ($57.04 million).
The market value declined this week by 0.65% to OMR 16.44 billion ($42.70) billion.
The services and financial sectors shrank 0.85% and 0.1% respectively, while the industrial rose 0.63%.
Oman United Insurance was the week’s worst performing share as it fell 13.33%, whereas Al Hassan Engineering topped gainers by adding 28.13%.
Galfar Engineering acquired 19.8% of the total trading volume of the week with 25.56 million traded shares.
Meanwhile, Muscat bank made 11.61% of the total turnover with OMR 2.55 million ($6.62 million).
MSM 30 rose last week by 3.88% or 206.91 points to the level of 5,533.58 points.
Translated by: Elwy el-Manzalawy
