Muscat’s benchmark slips 0.11% at open

Mubasher: The financial sector drove the Muscat Securities Market (MSM) to the red zone in Monday’s early trading, as the main index, MSM 30, declined by 0.11% or 6.08 points to the level of 5,429.88 points.

Trading volume came to 5.3 million shares exchanged through 159 trades worth OMR 1.59 million.  

The financial sector fell alone by 0.29%, while industrial and services sectors stood at the same rates.

Early trading saw 22 shares, six of them dropped and the 16 remaining were flat.

Sohar Power plummeted 1.87%, followed by Global Financial Investment and Bank Nizwa with 1.79% and 1.39% declines, respectively.

MSM 30 closed Sunday at the level of 5,435.96 points after rising 0.31% or 16.63 points.

 

Mubasher Contribution Time: 28-Dec-2015 07:21 (GMT)