Mubasher: Muscat Securities Market stayed in the red zone for the second session in a row, weakened by the decline of financial and industrial sectors.
The main index MSM30 lost 6.27 points, or 0.12% to 5,404.51 points. Likewise, MSM Shariah Index fell 0.27% to 835.05 points.
Trading volume declined 36.6% to 9.57 million shares, compared with 15.1 million shares yesterday. Similarly, trading value saw a slide of 47.4% session-over-session to OMR 1.52 million from QAR 2.89 million.
Both the financial and industrial sectors ended the session down 0.42% and 0.20% respectively, while the only advancing sector was the services by 0.31%.
Stock movement saw Port Services lead the risers by 5.14% and Al Sharqiya Investment, on the other, head the decliners by 5.61.
In terms of value and volume, the most active stock was Oman Education and Training Investment Holding, trading 1.75 million shares at a turnover of OMR 274,200.
The benchmark thus failed to maintain early trading’s uptrend after adding 5.57 points to 5,416.35 points.
Translated by Ahmed El-Sayed Ali
