17/10/2016 06:16 AST
Shares on the Muscat Securities Market (MSM) edged down on profit-booking. The MSM 30 Index witnessed marginal decline of 0.16 per cent to end at 5,651.07 points. The MSM Sharia Index closed at 863.81 points, up by 0.04 per cent.
Bank Nizwa was the most active in terms of volume, while Bank Muscat led in terms of turnover. Today’s top gainer was Bank Nizwa, up by 3.75 per cent, while Galfar Engineering was the top loser, down by 8.65 per cent.
As many as 681 trades were executed on Sunday, generating a turnover of OMR3.92 million with 18.9 million shares changing hands. Out of 35 traded securities, 7 advanced, 15 declined and 13 remained unchanged.
Omani investors remained net buyers to the tune of OMR780,000 worth of shares, while foreign investors switched to net sellers at OMR585,000 followed by GCC and Arab investors, who sold stocks amounting to OMR195,000.
Financial Index retreated 0.26 per cent to close at 7,333.83 points. Bank Nizwa, Takaful Oman and Al Sharqia Investments increased by 3.75 per cent, 1.50 per cent and 0.82 per cent, respectively. Al Izz Bank, Oman & Emirates Holding, NBO, Al Anwar Holding and Global Financial Investment declined by 4.55 per cent, 3.70 per cent, 2.54 per cent, 2.31 per cent and 1.21 per cent, respectively.
Industrial Index declined heavily by 1.11 per cent to end at 7,192.05 points. Galfar Engineering, Gulf International Chemicals, Oman Fisheries, Construction Materials and Al Anwar Ceramics declined by 8.65 per cent, 3.70 per cent, 3.33 per cent, 3.23 per cent and 2.34 per cent, respectively.
Services Index finished at 3,070.63 points, up by 0.07 per cent. Port Services, Ooredoo Oman, Al Suwadi Power and Oman Telecommunications Company gained 1.29 per cent, 0.59 per cent, 0.51 per cent and 0.33 per cent, respectively. OIFC and United Power declined by 1.55 per cent and 0.15 per cent, respectively.
Times of Oman
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