Omani stocks turn to green at close

Mubasher: The Muscat Securities Market (MSM) ended Sunday’s trading in green as the benchmark MSM 30 advanced 0.39% or 21.51 points to 5,488.93 points.

The Shariah index also rose 0.38% or 3.16 points to the level of 842.17 points.

Trading volume came to 16 million shares exchanged at OMR 2.23 million ($5.79 million) through 905 trades.

The industrial was the best performing sector as it grew 0.63%, backed by a rise of 6.1% in Al Hassan Engineering, which today’s top riser.

The financial sector leapt 0.38% as Al Anwar Holdings rose 3.57%, and the services sector increased 0.25% as Galfar Engineering advanced 5.95%.

Gulf International Chemicals was the worst performing after falling 9.48%.

Galfar Engineering was the largest-traded stock with a volume of 3.94 million shares, while Al Anwar Holdings made the highest liquidity with OMR 510,000 ($1.3 million).

MSM 30 closed Thursday’s trading at the level of 5,467.42 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 03-Apr-2016 09:55 (GMT)