MSM main index retreats at Monday’s close

Mubasher: The main index of the Muscat Securities Market (MSM) ended its trading session on Monday down 0.89% closing at 5,603.8 points, after losing 50.22 points compared to its level on Sunday.

The index was pressured by a drop of leading shares, topped by Gulf International Chemicals Company with 9.62%, followed by the National Bank of Oman (NBO) with 7.5%, and Gulf Investment Services Holding Company with 2.65%.

The sectors were down collectively led by the financial sector with 1.36%, pressured by 11 shares as Al Madina Takaful declined 2.15% and Al Sharqiya Investment Holding Company lost 1.71%.

The industrial sector shed 0.75%, pressured by five shares, topped by Muscat Thread Mills with 9.78% and Al Jazeera Steel Products Company with 4.15%.

The services sector fell 0.21%, pressured by four shares, with Port Services Corporation down 2.03% and Phoenix Power losing 1.4%.

Oman Education and Training Investment's share trimmed the services sector's losses, after leading the MSM's gainers with 4.51%.

Trading volume rose to 14.61 million shares against 9.11 million shares on Sunday. Similarly, traded value increased to OMR 3.72 million versus OMR 2.45 million in the previous session.

 

Mubasher Contribution Time: 27-Mar-2017 13:11 (GMT)
Mubasher Last Update Time: 27-Mar-2017 13:11 (GMT)