MSM opens on positive note, gains 17 points

Mubasher: The Muscat Securities Market (MSM) opened Wednesday in the green zone, as the main index gained 0.34% or 16.64 points, reaching the level of 4,950.87 points.

Trading volume reached 17.95 million shares exchanged at OMR 5.9 million through 342 transactions.

The financial and services sectors increased by 0.71% and 0.19% respectively, while the industrial sector moved down 0.36%.

United Finance was the best performer in early trading after rising 4.67%, while Construction Material Industry was the worst as it dipped 3.45%.

The main index closed Tuesday with a decline of 0.64% or 31.58 points to 4,934.23 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 27-Jan-2016 07:56 (GMT)