MSM gains 37.99 pts Tuesday

Mubasher: The Muscat Securities Market (MSM) saw a positive performance on Tuesday.

The main index rose 0.68% or 37.99 points to reach 5,654.74 points.

The financial sector gained 0.74% as Sohar Bank, Al Batinah Development and Investment Holding and Al Madina Investment Co. levelled up 8%, 4.26% and 3.85% respectively.

Sohar Bank was the value leader and most active stock after generating OMR 911,580 from the exchange of 5.61 million shares.

The services sector grew 0.63% as Al Jazeira Services and Oman Qatari Telecommunications went up 2.04% and 1.3% respectively.

The industrial sector increased 0.36, backed by Al Jazeera Steel Products and Al Hassan Engineering which climbed 4.26% and 1.69% respectively.

Trading volume reached 19.99 million shares on Tuesday, compared to 13.51 million shares on Monday. Turnover amounted to OMR 4.2 million, compared to OMR 2.66 million.

Mubasher Contribution Time: 06-Dec-2016 10:42 (GMT)
Mubasher Last Update Time: 06-Dec-2016 10:42 (GMT)