Mubasher: The Muscat Securities Market ended Monday’s trading on a negative note as its benchmark MSM 30 declined by 0.28% or 16.45 points to the level of 5,762.74 points.
The fall was due to the drop in most of blue chips as Phoenix Power, Gulf Investment Services Holding and Oman and Emirates Investment Holding declined by 2.68%, 1.68% and 1.46% respectively.
Trading volume increased to 7.44 million shares from 5.67 million shares exchanged on Sunday, turnover also grew to OMR 2.06 million from OMR 1.33 million.
The services sector shrank 0.32%, the financial sector dropped 0.3% and the industrial sector fell 0.17%.
Construction Material Industry led decliners with a 3.23% decrease, while United Finance topped gainers by adding 3.33%.
Al Anwar Holdings made the highest activity with a volume of 1.72 million shares exchanged at OMR 319,780.