GulfBase Live Support
27/04/2017 07:43 AST
Shares on the Muscat bourse recovered amid better investor sentiment on Wednesday. The MSM30 Index advanced by 0.80 per cent to close at 5,510.18 points. The MSM Sharia Index closed at 801.51 points, up by 0.45 per cent. Bank Sohar was the most active regarding volume while Bank Muscat was the most active in terms of turnover. With a gain of 5.83 per cent, Al Jazeera Steel was the top gainer while Construction Materials was the top loser, down by 6.67 per cent.
As many as 1,036 trades were executed on Wednesday, generating a turnover of OMR3.56 million with 15.5 million shares changing hands. Out of 37 traded securities, 17 advanced, 2 declined, and 18 remained unchanged. Omani investors were net buyers of OMR335,000 while foreign investors were net sellers to the tune of OMR335,000 worth of shares.
Financial Index had strong gain of 0.90 per cent to close at 8,062.05 points. Oman & Emirates, Bank Sohar, National Bank of Oman, Bank Nizwa and Al Madina Takaful increased by 3.57 per cent, 3.45 per cent, 1.78 per cent, 1.08 per cent and 1.04 per cent, respectively.
Industrial Index closed at 7,466.23 points, a gain of 0.78 per cent. Al Jazeera Steel, Oman Fisheries and Al Anwar Ceramics were up by 5.83 per cent, 5.30 per cent and 2.11 per cent, respectively. Construction Materials and Al Maha Ceramics declined by 6.67 per cent and 0.50 per cent, respectively.
Services Index gained 0.66 per cent to close at 2,821.98 points. Phoenix Power, Sembcorp Salalah, Al Jazeera Services, Ooredoo and Oman Telecommunications Company gained 2.96 per cent, 1.67 per cent, 1.27 per cent, 1.18 per cent and 0.77 per cent, respectively.
Indian market surges ahead
India’s benchmark sensex closed above the 30,000-mark for the first time on Wednesday, while the Nifty too finished at a record high on sustained buying amid positive global cues. The BSE 30-share Sensex opened on a strong footing and surged to a lifetime high of 30,167.09 points in intra-day trade, before settling at 30,133.35, up 190.11 points, or 0.63 per cent. This surpassed its previous record close of 29,974.24, reached on April 5. The gauge had hit its previous intra-day high of 30,024.74 on March 4, 2015.
Similarly, the broader 50-issue NSE Nifty scaled a new peak of 9,367 before finally ending 45.25 points, or 0.49 per cent higher at 9,351.85, a new record closing. It surpassed its previous record closing of 9,306.60 hit in yesterday's trade.
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