Omani shares close on positive note

Mubasher: The Muscat Securities Market (MSM) ended Thursday’s session in green, as the benchmark MSM 30 rose by 0.06% to 5,467.42 points.

Meanwhile, the Shariah index declined 0.38% or 3.21 points to the level of 839.01 points.

Trading volume reached 19.93 million shares exchanged at OMR 3.32 million ($8.31 million) through 1,000 trades.

The services sector grew 0.41%, backed by a rise of 5% and 2.41% in Galfar Engineering and Acwa Power respectively.

The financial and industrial sectors fell 0.54% and 0.45% respectively.

Al Hassan Engineering was the best performer after adding 4.44%, whereas Oman United Insurance topped losers after falling 7.95%.

Galfar Engineering was the largest-traded stock with 4.44 million shares, while Bank Muscat made the highest liquidity with OMR 499,630 ($ 1.3 million).

MSM 30 closed yesterday with a fall of 1.33% or 73.33 points to the level of 5,467.36 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 31-Mar-2016 10:05 (GMT)