Muscat’s benchmark index declines 0.05%

Mubasher: Muscat Securities Market’s (MSM) benchmark index, MSM 30, closed Thursday in red after a rise in mid trading, as it fell 0.05% or 2.68 points to 5,359.30 points.

Sharia Index, however, rose 0.26%, reaching the level of 854.14 points.

Trading value leapt 14.18% to OMR 1.84 million from OMR 1.61 million yesterday, after 674 trades were closed on 8.72 million shares. The market value also rose by 8.66% to OMR 15.73 million.

While the industrial and financial sectors both jumped 0.83% and 0.13% respectively, services was the sole loser with a 0.27% decline.

The last session in the week saw 47 traded shares, of which 19 closed higher, seven moved down, and the remaining 21 steadied.

Al Jazeera Steel Products Company headed gainers with a growth of 9.63%, whereas Al Jazeira Services topped losers as it went 7.43% lower.

Al Anwar Holding was the biggest gainer after shares worth 1.56 million were traded, while Muscat Bank’s turnover was the largest as it settled at OMR 400,250.

MSM 30 closed Wednesday with a decline 0.07% or 3.63 points to 5,361.98 points.

Mubasher Contribution Time: 17-Dec-2015 09:49 (GMT)