MSM posts negative performance in week

Mubasher: The main index of Muscat Securities Market (MSM) ended the week 0.59% or 34.5 points lower to reach 5,815.06 points when compared to 5,849.52 points in the prior week.

The financial segment went up 0.71% during the week ended 2 March, while both the industrial and services sectors lost 0.85% and 0.16% respectively.

Oman Fisheries was the top winner this week with an 18% rise, while Al Madina Investment led the losers with a fall of 6.2%.

MSM’s trading volume increased 23.5% to total 166.77 million shares when compared to 135.05 million in the past week.

The liquidity grew 101.6% to stand at OMR 57.9 million from OMR 28.72 million a week ago.

Bank Sohar recorded the highest turnover of OMR 8.82 million over the week.

Bank Nizwa was the most active stock with 16.15 million traded shares.

The market cap increased by 0.79% to reach OMR 17.97 billion ($46.54 billion) from OMR 17.83 billion ($46.18 billion) a week ago.

 

Mubasher Contribution Time: 03-Mar-2017 09:27 (GMT)
Mubasher Last Update Time: 03-Mar-2017 09:27 (GMT)