Mubasher: Muscat Securities Market (MSM) couldn’t escape a 15-day loss run, and even worse, recorded the lowest level since September 20, 2015, amid a negative performance by all sectors.
The main index, MSM 30, dropped by 0.34% or 19.62 points to reach the level of 5,742.5 points. Sharia Index also shed 900 points or 0.21% to 899.52 points.
Trading volume reached about 8.84 million shares worth about OMR 2.67 million through 344 trades.
MSM all sectors closed down, as the industrial, financial and services sectors fell by 0.56%, 0.37% and 0.06% respectively.
Five shares, out of 36 shares traded, ended higher, 15 others closed down, and the 16 remaining were flat.
Alizz Islamic Bank was the strongest share with an increase of 2.86%, while Al Hassan Engineering slipped 8.64%, to the day’s worst fall .
Bank Muscat outperformed today in terms of volume and value with 2.51 million shares worth OMR 1.28 million. The stock rose 1.55%.
MSM 30 closed Monday with a fall of 0.34% or 19.79 points to 5,762.11 points, the lowest level since September 29, 2015.
