Omani bourse opens mixed

Mubasher: The benchmark MSM 30 of Muscat Securities Market (MSM) rose in Tuesday’s early trading by 0.02% or 0.88 point to 5,547.12 points.

Meanwhile, the Shariah index declined 0.13% or 1.13 point to the level of 844.59 points.

Trading volume reached 14.81 million shares exchanged at OMR 1.97 million ($5.12 million) through 711 trades.

The financial and industrial sectors advanced 0.47% and 0.32% respectively, while the services shrank 0.47%.

Global Financial Investment hit its highest price since one year after rising 5.75% to OMR 0.186 ($0.48), whereas Renaissance Services fell 2.13% to OMR 0.183 ($0.48).

Al Hassan Engineering was the best performer after adding 5.8%, while United Finance topped losers with a 9.33% decrease.

Galfar Engineering was the most traded share with a volume of 4.63 million shares exchanged at OMR 376,000 ($976,496).

MSM 30 closed yesterday’s trading with a rise of 0.17%, while the Shariah index plummeted 0.25%.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 29-Mar-2016 07:53 (GMT)