MSM ends Sunday down on services sector

Mubasher: The main index of the Muscat Securities Market (MSM) closed 0.23% or 12.86 points lower at 5,537.74 points on Sunday.

The index was affected by the drop of some stocks in the services and industry sectors.

The services sector lost 0.21%, led by Oman Telecommunications Company (Omantel) which slid 3.78% and Al Hassan Engineering which fell 1.85%.

On the other hand, the financial sector rose 0.46%, led by Al Madina Takaful with 4.76% and National Bank of Oman (NBO) which increased 2.23%.

The industry sector increased 0.24%, topped by National Aluminum Products and Al Anwar Ceramics with 2.94% and 1.32%, respectively.

The volume of trading declined to 10.37 million shares against 17.02 million on Thursday. Similarly, traded value dropped to OMR 1.72 million against OMR 3.82 million in the previous session.

Mubasher Contribution Time: 02-Apr-2017 11:17 (GMT)
Mubasher Last Update Time: 02-Apr-2017 11:37 (GMT)