MSM rebounds at close, up 0.14%

Mubasher: Muscat Securities Market (MSM) closed in the green on Wednesday, backed by the industrial and services sectors.

The general index rose 0.14% or 7.43 points to reach 5,395.45 points.

Shariah index stabilised at 833.76 points.

Trading volume reached 16.74 million shares exchanged through 832 transactions, generating OMR 2.87 million.

The services and industrial sectors increased 0.25% and 0.03% in a row, while the financial sector decreased 0.16%.

United Power was the best performer after adding 9.95%, while Al Jazeera Steel Products led losers after falling 4.46%.

Bank Sohar was the most active stock after 3.79 million shares changed hands, with turnover of OMR 609,700.

Mubasher Contribution Time: 10-Feb-2016 09:56 (GMT)