Mubasher: The Muscat Securities Market’s (MSM) main index, MSM 30, entered a 14-day losing run, driven by the fall of 22 shares on Monday, ignoring reports that the Omani government is call for banks to take place in a sovereign loan worth one billion dollars.
The main index closed at the level of 5,762.11 points, after falling by 0.34% or 19.79 points. The Sharia Index shrank by 0.50% to 901.43 points.
Trading volume reached about 7.76 million shares worth OMR 1.97 million reached through executing 552 trades.
The services sector plummeted by 0.39%, followed by banking and industrial sectors with a decline of 0.37% and 0.24%, respectively.
Forty companies saw their shares being traded, with four of them edged up, 22 others moved down, while the 14 remaining stayed at the same rates. United Power Company recorded a 9.93% loss to lead the losers, while Port Services Corp topped the gainers with 6.56% up.
Al Anwar Holdings made the highest trading volume with 2.31 million shares, while Omantel owned the best trading value with OMR 483,790.
MSM 30 closed yesterday’s trade with a fall of 0.24% or 13.91 points, reaching 5,781.90 points.
