MSM falls 23.07 pts at Sunday’s close

Mubasher: The main index of the Muscat Securities Market (MSM) ended Sunday in the red zone after losing 0.44% or 23.07 points, reaching 5,331.07 points.

Oman United Insurance retreated 4.49%, followed by Ahli Bank with 2.78%, and Galfar Engineering and Contracting with 2.47%.

The financial sector tumbled 0.73% as Gulf Investment Services Holding and Al Madina Investment Co declined 2.17% and 1.43%, respectively.

The services sector shed 0.27% after Al Jazeira Services went down 1.91% and Phoenix Power levelled down 1.56%.

The industry sector decreased 0.27% as National Aluminum Products fell 3.23%.

Trading volume decreased to 8.18 million shares on Sunday against 9.47 million shares on Thursday, while liquidity declined to OMR 1.75 million from OMR 2.03 million.

Mubasher Contribution Time: 11-Jun-2017 11:46 (GMT)
Mubasher Last Update Time: 11-Jun-2017 12:01 (GMT)