MSM slips 12 pts at Sunday’s close

Mubasher: The main index of the Muscat Securities Market (MSM) ended 0.22% or 11.92 points lower to 5,513.52 points on Sunday.

The index was weighed down by the decline of its leading stocks as Phoenix Power lost 3.55%, followed by Al Maha Ceramics Company, which shed 2.02%, and Bank Sohar, which decreased 1.97%.

The sectors fell collectively led by the industry sector, shedding 0.65% after Oman Fisheries and Gulf International Chemicals tumbled 4.2% and 1.64%, respectively.

The services sector levelled down 0.44% as Oman Investment and Finance lost 1.37%.

The financial sector sagged 0.12% after United Finance slid 9.29% and Al Madina Takaful dropped 2.06%.

Oman and Emirates Investment Holding led risers with 4.35%.

Traded volume dropped to 10.59 million shares on Sunday against 18.86 million shares on Thursday, while trading value decreased to OMR 2.18 million against OMR 3.9 million in the previous session.

Mubasher Contribution Time: 30-Apr-2017 10:31 (GMT)
Mubasher Last Update Time: 30-Apr-2017 10:34 (GMT)