Mubasher: The Muscat Securities Market (MSM) opened Sunday on a positive note, as the benchmark MSM 30 jumped 1.40% or 67.97 points to 4,934.96 points.
The index was supported by the 10% rise in oil prices as demands on heating oil was on the increase following a cold wave.
Trading volume reached 5.6 million shares worth OMR 1.4 million through 329 trades.
The market’s main sectors rose collectively, as financial, services and industrial advanced 1.97%, 0.72% and 0.29%, respectively.
Bank Muscat topped gainers in early trading by adding 6.28%, whereas Shell Oman led losers with a decrese of 0.51%.
The main index declined on Thursday by 0.48% or 23.66 points to the 7,867 points, the lowest level since 14 April 2009.
Translated by: Elwy el-Manzalawy