MSM drops 19.3 pts at Monday close

Mubasher: The main index of the Muscat Securities Market (MSM) shed 0.34% or 19.3 points to 5,578.96 points in Monday’s closing.

The financial and services sectors weighed the main index down.

The financial sector lost 0.28% as Oman and Emirates Investment Holding tumbled 6.2% and Taageer Finance levelled down 4.5%.

Services edged down 0.2% affected by National Gas which shed 1.82% and Ooredoo which dropped 1.5%.

On the other hand, industry rose 0.19% as Oman Fisheries gained 4.11% and Al Jazeera Steel Products edged up 1.27%, while Dhofar Cattle Feed lost 9.72%.

The traded volume increased to 12.62 million shares on Monday against 10.29 million on Sunday, while trading value dropped to less than OMR 2.57 million against OMR 2.86 million.

Mubasher Contribution Time: 10-Apr-2017 11:16 (GMT)
Mubasher Last Update Time: 10-Apr-2017 11:16 (GMT)