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21/06/2016 06:50 AST
Foreign selling in banking sector weighed on the MSM30 Index which closed at 5,784.47 points, down 0.40 per cent. The MSM Sharia Index closed at 884.15 points, down 0.16 per cent. HSBC Bank was the most active in terms of volume while Bank Sohar led in terms of turnover. Monday’s top gainer was Phoenix Power, up 1.28 per cent while Construction Materials was the top loser, down 3.23 per cent.
A total number of 457 trades were executed on Monday, generating turnover of OMR1.56 million with 9.2 million shares changing hands. Out of 38 traded securities, five advanced, 17 declined and 16 remained unchanged. At the session close, Omani investors remained net buyers for OMR146,000 followed by GCC & Arab Investors for OMR12,000 while foreign investors were net sellers for OMR158,000 worth of shares.
Financial Index retreated 0.71 per cent to close at 7,275.80 points. NBO, Al Anwar Holding, Bank Dhofar, HSBC Bank and Al Sharqia Investments declined 2.01 per cent, 1.62 per cent, 1.29 per cent, 1.00 per cent and 0.74 per cent respectively.
Industrial Index closed at 7,298.44 points, down 0.38 per cent. Voltamp Energy, up 0.48 per cent, was the only sector gainer. Construction Materials, Al Hassan Engineering, Al Anwar Ceramics, Oman Fisheries and National Aluminium decreased 3.23 per cent, 2.38 per cent, 1.89 per cent, 1.64 per cent and 1.60 per cent respectively.
Services Index was stable at 3,245.80 points, up 0.02 per cent. Phoenix Power, National Gas and Al Jazeera Services increased 1.28 per cent, 0.77 per cent and 0.45 per cent respectively. Sohar Power declined 0.66 per cent to close at OMR0.300.
Times of Oman
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
Foreign investors bought $1.18 billion in Middle East and North African equities in March, especially Saudi ones amid the kingdom’s upgrade to emerging market status by FTSE Russell, according to a r
The National
05/04/2018
Buying activity in financials lifted the MSM30 Index to 4,794.61 points, up 0.41 per cent. The MSM Sharia Index closed at 676.52 points, down 0.08 per cent. Gulf Investment Services was the most acti
Times of Oman
05/04/2018
Traded value on the Dubai Financial Market tumbled on Wednesday as global stocks declined amid an intensifying US-China trade war. In Abu Dhabi, banking shares surged ahead of first quarter results s
Gulf News
04/04/2018
Driven by financial blue chips, the MSM30 Index continued its recovery to close at 4,775.27 points, a gain of 0.53 per cent. The MSM Sharia Index ended at 677.06 points, down 0.07 per cent. HSBC Bank
Times of Oman
04/04/2018
Emaar Properties shares extended losses for another session on Tuesday, to hit their lowest level in a year, as selling continued on the wider Dubai gauge. Emaar Properties fell to a low of Dh5.58, b
Gulf News