Mubasher: The Muscat Securities Market (MSM) closed Wednesday on a positive note as the benchmark MSM30 advanced 0.04% or 2.24 points to 5,730.97 points; the tenth rise in a row.
The index also jumped to its highest level since 24 November 2015.
The Shariah index also grew 0.2% or 1.75 points to the level of 862.53 points.
Trading volume reached 41.54 million shares exchanged at OMR 5.96 million ($15.48 million) through 1,800 transactions.
The industrial sector rose 0.12% as Al Anwar Ceramic Tiles and National Aluminium Products increased 1.77% and 1.21% respectively, while Al Jazeera Steel declined 2.35%.
Also, the services sector leapt 0.08%, backed by a rise in Renaissance Services and Al Maha Petroleum Products Marketing by 1.98% and 1.52% respectively, whereas Sembcorp Salalah Power and Water shrank 2.35%.
On the other hand, the financial sector dropped alone by 0.21% due to a fall of 4.84% and 3.7% in Al Sharqiya Investment Holding and Oman and Emirates Investment Holding respectively. The latter was the worst performer.
Oman Fisheries was the best performing stock after adding 9.84%.
Galfar Engineering was the most traded stock with a volume of 7.83 million shares, while Bank Sohar made the highest liquidity with OMR 931,820 ($2.4 million).
MSM 30 rose yesterday by 0.13% or 7.24 points to the level of 5,688.47 points.
Translated by: Elwy el-Manzalawy
