MSM up 0.52% in early trade

Mubasher: The Muscat Securities Market (MSM) opened Monday in the green zone as the benchmark MSM 30 rose 0.52% or 28.93 points to 5,681.62 points.

Also, The Sharia index leapt 0.23% or 1.93 point to the level of 5,681.62 points.

Trading volume reached 18.99 million shares exchanged through 811 trades. Turnover came to OMR 3.16 million ($8.21 million).

Gulf Investment Services Holding was the best performer with an increase of 7.94%, followed by Oman and Emirates Investment Holding with a rise 5.6% to OMR 0.132 ($0.34), the highest level since 8 April, 2015.

Al Anwar Holding and Phoenix Power were the only loser as they declined 1.77% and 0.66% respectively.

Galfar Engineering was the largest-traded stock with a volume of 4.89 million shares, while Bank Muscat made the highest liquidity with OMR 988,100 ($2.57 million).

MSM 30 advanced yesterday by 0.75% or 42.31 points to the level of 5,652.01 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 11-Apr-2016 07:52 (GMT)
Mubasher Last Update Time: 11-Apr-2016 07:52 (GMT)