Mubasher: The main index of Muscat Securities Market (MSM) fell 2.11% or 113.77 points to the level of 5,290.74 points in the first week in March, against a rise of 0.3% or 16.17 points to 5,404.51 points last week.
The Sharia index also slipped this week by1.07% or 8.93 points to 826.12 points, versus 835.05 points last week.
Trading volume decreased 9.25% to 66.85 million shares from 73.66 million shares exchanged a week ago. Turnover also declined 13.2% to OMR 14.31 million ($37.168 million) from OMR 16.48 million ($42.8 million).
The market value retreated 0.73% to OMR 16.29 billion ($42.31 billion), against OMR 16.41 billion ($42.62) last week.
The bourse’s main sectors slid collectively, topped by the financial with a fall of 2.64%, then the services and industrial with a drop of 0.95% and 0.44% respectively.
Al Anwar Holdings was the week’s worst performing share as it fell 6.67%, while Phoenix Power topped gainers by adding 3.5%.
Muscat Bank made the biggest trading value activity with a liquidity of about OMR 2.9 million ($7.53 million). Galfar Engineering made the largest trading volume activity with 9.07 million shares traded.
Translated by: Elwy el-Manzalawy
