MSM slips 6.23 pts at Monday's close

Mubasher: The main index of the Muscat Securities Market (MSM) closed 0.11% or 6.23 points down reaching 5,544.46 points on Monday, pressured by the drop of services and industry sectors.

The services sector lost 0.54% as Phoenix Power and Al Suwadi Power shed 2.9%, and 2.17%, respectively.

The industry sector tumbled 0.49% after Construction Material Industry and Galfar Engineering and Contracting went down 3.2%, and 2.38%, respectively.

On the other hand, the financial sector gained 0.06% led by Financial Services with 6.15%, followed by Al Batinah Development and Investment Holding with 3.5%.

Traded volume dropped to 13.2 million shares on Monday against 38.27 million shares on Sunday, while liquidity decreased to OMR 2.56 million against OMR 11.25 million in the previous session.

Mubasher Contribution Time: 17-Apr-2017 10:50 (GMT)
Mubasher Last Update Time: 17-Apr-2017 10:50 (GMT)