Muscat shares falls marginally

20/08/2014 01:10 AST

The MSM 30 Index ended lower at 7,320.90 points, down by 0.15 per cent. MSM Sharia Index closed at 1,072.33 points, down by 0.12 per cent. Bank Sohar was the most active in terms of volume as well as turnover. Al Suwadi Power was the top gainer of the day with 5.68 per cent gain, while Construction Material Industries was the top loser and closed down by 5.66 per cent.

A total number of 1,380 trades were executed on Tuesday's trading session generating turnover of OMR7.60 million with over 20.55 million shares traded.

Out of 62 traded stocks, 10 advanced, 19 declined and 33 were unchanged. At the session close, Omani investors were net buyers for OMR368,000 while GCC & Arab investors were net sellers for OMR348,000 followed by foreign investors for OMR20,000 worth of shares.

Financial Sector Index was down by 0.15 per cent at 8940.90 points. ahlibank, Muscat Finance and Al Anwar Holding increased by 0.89 per cent, 0.69 per cent and 0.63 per cent respectively. Al Sharqiya Investment, Oman Takaful, Gulf Investment Services and Global Financial Investment declined by 2.65 per cent 1.96 per cent, 1.93 per cent and 1.55 per cent respectively.

The Industrial Sector Index down by 0.11 per cent at 10159.42 points. Sweets of Oman and Raysut Cement increased by 0.80 per cent and 0.24 per cent respectively. Construction Material Industries, Majan Glass, Voltamp Energy and Oman Flour Mills declined by 5.66 per cent,3.57 per cent,1.00 per cent and 0.63 per cent respectively.

Services Sector Index was marginally down by 0.01 per cent at 3706.38 points. Al Suwadi Power, Al Batinah Power and Sembcorp Salalah increased by 5.21 per cent, 5.11 per cent and 0.21 per cent respectively. Omantel was the only loser in the sector and was down by 0.28 per cent to close at OMR1.765.

Times of Oman