Mubasher: The Muscat Securities Market (MSM) ended Sunday’s trading on a negative note as its benchmark MSM 30 fell 0.01% or 0.56 point to the level of 5,807.51 points; its sixth decline in a row.
Trading volume decreased to 6.9 million shares from 18.23 million shares exchanged on Thursday, turnover also shrank by to OMR 1.1 million from OMR 2.87 million.
The financial sector retreated 0.15% as Al Anwar Holding and HSBC Oman fell by 1.07% and 0.99% respectively, the latter was the most active stock with a trading volume of 2.73 million shares exchanged at OMR 272,110.
The services sector was dragged by a fall of 0.38% and 0.31% in National Gas and Omantel respectively.
Meanwhile, the industrial sector closed in green thanks to the rise in Al Jazeera Steel Products and Gulf Investment Services Holding by 0.97% and 0.4% respectively.
Oman Textile led decliners after dropping 5.88%, while Phoenix Power topped gainers by adding 1.3%.
