The MSM-30 Index moved up 53 points to close at 5,961 points, 0.90 per cent higher. The advance to decline ratio stood at 3.71:1. The total shares exchanged increased by 19.2 per cent to 27.727 million and the total value traded increased by 18.1 per cent to RO10.697 million. Foreign investors were net sellers yesterday as they sold a net of 1.09 per cent (RO0.12 million) in the total turnover.
Among the sectors, the industrials sector was the biggest gainer with 1.80 per cent increase to close at 6,561 points followed by Banks & Investment Index and Services & Insurance sector which gained 1.44 per cent and 0.13 per cent to close at 7,998 points and 2,495 points, respectively.
Oman Cement Company reported net profit before tax of RO12.585 million for the six months ended June 30, 2009 as against RO8.544 million during the corresponding period of last year.
The top two gainers were: Oman Cement (+8.67 per cent) and Onic Holding (+5.41 per cent) to close at RO0.677 and RO 0.351. The top two losers were: Oman Fisheries (-1.55 per cent) and Voltamp Energy (-0.83 per cent) to close at RO0.127 and RO0.480. The top two by volume traded were: Bank Sohar (4.1 million shares) and Oman Cement (2.6 million shares). The top two by value traded were: Oman Cement (RO1.74 million) and BankSohar (RO0.75 million).
NAVs as of July 23, 2009: Muscat Fund RO1.224, Oryx Fund-RO1.118 and Bank Muscat MSCI Kuwait Fund: $0.6392.
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