Omani market rises 0.04% at close

Mubasher: The Muscat Securities Market closed Sunday’s trading in green, backed by the rise in the industrial and financial sectors.

The benchmark MSM 30 leapt 0.04% or 2.02 points to the level of 5,406.53 points, and the Sharia index increased 0.18% or 1.49 point to 836.54 points.

Trading volume surged 35.6% to 12.98 million shares, versus 9.57 million shares exchanged on Thursday. Turnover rose by 141.5% to OMR 3.67 million ($9.53 million), against OMR 1.52 million ($3.948 million).

The industrial and financial sector moved up 0.38% and 0.04% respectively, while the services dropped 0.02%.

Al Hassan Engineering was the best performing share as it grew 4.55%, whereas Gulf Investment Services Holding headed decliners with a fall of 3.19%.

Sembcorp Salalah recorded the highest trading value activity with OMR 786,000 ($1.96 million), while Oman Investment and Finance made the biggest trading volume activity with 2.56 million traded shares.

The main gauge and the Sharia index fell on Thursday by 0.12% and 0.27% respectively.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 06-Mar-2016 09:34 (GMT)