Oman's share index ends lower

12/11/2014 06:29 AST

The MSM30 Index ended the day on a flat note at 6,919.74 points, down by 0.05 per cent. The MSM Sharia index increased by 0.20 per cent to close at 1,048.84 points. Gulf Mushroom Products was the most active in terms of volume as well as turnover.

The top gainer of the day was Gulf Mushroom Products, up by 3.37 per cent while National Mineral Water was the top loser of the day, down by 15.49 per cent.

A total number of 1,186 trades were executed during the day's trading session generating turnover of OMR10.3 million with more than 29.5 million shares changing hands. Out of 52 traded stocks, 13 advanced, 13 declined and 26 remained unchanged.

Foreign investors switched to net buyers for OMR369,000 while Omani investors were net sellers for OMR323,000 followed by GCC & Arab investors for OMR45,000 worth of shares.

The financial Index was the only losing sub-index in the day and closed at 8,306.13 points, down by 0.29 per cent. Al Madina Takaful, Al Sharqia Investments, ONIC Holding and Al Anwar Holding increased by 1.00 per cent, 0.55 per cent, 0.53 per cent and 0.35 per cent respectively.

Oman & Emirates Holding, Bank Muscat, NBO and Bank Sohar decreased by 1.15 per cent, 1.15 per cent, 0.55 per cent and 0.47 per cent respectively.

Industrial Index was up by 0.16 per cent to close at 9,626.83 points Gulf Mushroom Products, Al Hassan Engineering, Dhofar Cattlefeed, National Aluminium and Voltamp Energy increased by 3.37 per cent, 3.28 per cent, 2.86 per cent, 2.67 per cent and 0.92 per cent respectively.

Times of Oman