Muscat bourse down 0.09% at close

Mubasher: The Muscat Securities Market (MSM) closed Wednesday in red, affected by the fall in the financial sector.

The benchmark MSM 30 decreased 0.09% or 4.88 points to the level of 5,410.78 points. Meanwhile, the Sharia index rose 0.1% or 0.81 points to 837.31 points.

Trading volume declined 43.06% to 15.11 million shares, compared to 26.53 million shares exchanged on Tuesday. Turnover also fell to QAR 2.89 million ($7.506 million) from QAR 7.34 million ($19.064 million).

The financial sector moved down 0.38%, while the services and industrial sectors grew 0.4% and 0.05% respectively.

Al Hassan Engineering was the worst performer as it fell 4.48%, while Port Services Corp was the best after adding 6.71%.

Omantel made the highest value with liquidity of OMR 439,900 ($1.142 million), and Nizwa Bank made the biggest trading volume activity with 1.78 million traded shares.

MSM 30 rose yesterday 0.38% or 20.56 points to 5,415.66 points.

Translated by: Elwy el-Manzalawy 

Mubasher Contribution Time: 02-Mar-2016 09:41 (GMT)