MSM sees marginal gains at Wednesday’s close

Mubasher: The Muscat Securities Market (MSM) ended Wednesday’s trading session in green, as the main index MSM30 went up by 0.1%, gaining 5.56 points, and closed at the level of 5,801.27 points.

The benchmark index rose on the back of the industry and financial sectors indices.

The industry sector added 0.34%, as Oman Textile led the session’s gainers and surged 10%, while Oman Fisheries grew 2.81%, despite that Al Jazeera Steel was the top loser and dropped 2.39%.

Similarly, the financial sector edged up 0.09%, as Al Anwar Holdings, and Bank Muscat rose 1.46%, and 1.29% respectively.

On the other hand, the services sector index, was today’s only decliner, slipping 0.03% as Phoenix Power, and Al Suwadi Power lost 0.69%, and 0.51%.

Traded volumes decreased to 11.48 million shares down from 13.34 million shares yesterday, while traded values declined to OMR 2.42 million compared to OMR 4.01 million on Tuesday.

Mubasher Contribution Time: 08-Mar-2017 15:39 (GMT)
Mubasher Last Update Time: 08-Mar-2017 15:39 (GMT)