Mubasher: Muscat Securities Market’s (MSM) main index turned into red by the end of Monday’s trading, to record a nine-day losing run.
MSM 30 fell by 0.04% or 2.35 points to the level of 5,835.52 points. Shariah index, however, leapt by 0.20% to 906.48 points.
Trading volume came to 1.59 million shares with a trading value of OMR 1.59 million reached from executing 518 trades, compared to 23.18 million shares with a trading value of OMR 3.07 million yesterday.
MSM30 closed Sunday with a drop of 0.18% to 5,837.87 points, after losing 10.54 points, reaching the lowest level since October 6, 2015.
The industrial sector declined today by 0.22%, and the banking by 0.01%, while the services sector rose by 0.07%.
Monday saw 34 companies traded; six of them moved up, nine moved down, and the 19 remaining stayed at the same rates.
Bank Nizwa was the best performing stock with a rise of 2.53%, while Al Jazeera Steel Products was the biggest drag with a decline of 4.94%.
Bank Nizwa topped both trading value and trading volume activity with OMR 649,810 and 8.07 million shares traded.
