Mubasher: Muscat Securities Market’s (MSM) main index, MSM 30, recorded the sixth weekly decline in a row, as it dropped 1.92% or 106.52 points to 5,451.21 points this week, versus 5,557.73 points last week.
Sharia Index also declined 1.58% or 13.89 points to 862.56 points this week, compared to 876.45 points last week.
The week’s trading volume reached 57.45 million shares worth OMR 13.46 million through 2,985 trades, compared to 53.39 million shares exchanged in 2,810 trades worth OMR 11.39 million last week.
The total market value hit about OMR 14.55 million, versus OMR 14.69 million with a 0.95% decrease.
Gulf International Chemicals topped the gainers with a rise of 4%, while National Finance Company led the losers after moving 9.87% lower.
With QAR 2.59 million, Muscat Bank became the value leader, while Al Jazeera Steel Products took the lion’s share in the volume chart after 11.99 shares were traded.
Foreign purchases and sales hit OMR 810,400 and OMR 4.2 million respectively, while local traders made purchases of OMR 11.27 million and sales of OMR 8.59 million.
