Mubasher: The Muscat Securities Market (MSM) closed Tuesday in red as the benchmark MSM 30 fell at close by 0.67% or 40.6 points to 5,978.89 points, amid a collective decline by main sectors.
The Shariah index also dropped 0.28% or 2.44 points to the level of 886.92 points.
Trading volume decreased 11.80% to 18.5 million shares from 20.96 million shares exchanged yesterday.
Turnover also fell 27.29% to OMR 3.74 million from OMR 5.14 million on Monday.
The financial sector plummeted 0.84% as Al Sharqiya Investment Holdings fell 4.24%, Gulf Investment Services Holding (-2.27%), Ahli Bank (-2.17%), HSBC (-1.69%) and Bank Sohar (-1.68%).
The industrial sector also shrank 0.52% due to the fall in Al Hassan Engineering, Construction Materials Industries, Gulf International Chemicals and Oman Cement by 3.03%, 2.86%, 1.16% and 0.81% respectively.
The services sector moved 0.43% down as Renaissance Services, Dhofar Insurance, Al Jazeera Services and Galfar Engineering slid 3.87%, 3.41%, 2.15% and 1.68% respectively.
Bank Sohar was the most traded stock with 3.94 million shares exchanged at OMR 694,660.
MSM rose yesterday by 0.4% or 23.9 points to 6,019.51 points.
Translated by: Elwy el-Manzalawy
