Mubasher: The general index of Muscat Securities Market (MSM) closed the week ended 30 August at a 2.14% rise to 5,052.55 points, gaining 105.66 points.
The total market capitalisation increased 0.85% to OMR 17.63 billion versus OMR 17.49 billion the week before, adding OMR 148.61 million.
The rise in the general index was backed by the positive performance of its sectors, topped by the industrial sector with 1.72%, the financial sector with 1.41%, and the services sector with 1.31%.
Oman Hotels topped the rising stocks with 10.1%, followed by Voltamp Energy with 9.77%, and United Finance with 8.11%.
On the other hand, Sharqiyah Desalination led losers, dropping 8.86%, while Majan College and Al Sharqia Investment slid 6.88% and 4.67%, respectively.
During the week, total trading volume hiked 83.91% to 138.59 million shares versus 75.36 million shares last week, while trading value increased 47.27% to OMR 25.5 million versus OMR 17.31 million the week before.
