MSM30 down 0.7% in week

The main index of the Muscat Securities Market (MSM) ended this week with a 0.74% decline, losing 41.73 points, and closing at 5,571.62 points.

The benchmark index MSM30 was dragged down by the losses of the services and industry sectors, as the first lost 1.21%, while the later went down 0.99%, on the other hand, only the financial sector saw a positive performance this week as it saw marginal gains of 0.06%.

Financial Services led the declining stocks this week as it dropped 54.55%, through five transactions, while Dhofar Cattle Feed and Oman ORIX Leasing decreased by 10.19% and 9.23% respectively.

On the other hand, Muscat Thread Mills led the gainers and surged 10%, while Oman Flour Mills and HSBC rose by 5.63% and 2.33% respectively.

Traded volumes decreased by 33.17% to 69.18 million shares down from 103.46 million shares in the previous week, while readed values declined 29.22% to OMR 13.84 million compared to OMR 19.55 million in the week before.

The Omani market capital lost 0.39% to OMR 17.63 billion.

Mubasher Contribution Time: 13-Apr-2017 18:20 (GMT)
Mubasher Last Update Time: 13-Apr-2017 18:20 (GMT)