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The MSM30 Index remained volatile within a narrow range and ended lower at 4598.180 points, down by 0.10 per cent. MSM Sharia index closed at 655.320 points, up by 0.14 per cent. Bank Muscat was the most active in terms of volume as well as turnover. The top gainer of the day was National Aluminium Products, up by 2.41 per cent while Bank Sohar down by 1.43 per cent was the top loser of the day.
A total number of 301 trades were executed during the day's trading session generating turnover of OMR4.09 million with more than 16 million shares changing hands. Out of 29 traded stocks, 4 advanced, 5 declined and 20 remained unchanged. At the session close, Omani investors were net buyers for OMR1.64 million while GCC & Arab investors were net sellers of OMR1.16 million followed by foreign investors for OMR117,000 worth of shares.
Financial Index lost by 0.15 per cent to close at 7218.63 points, Bank Nizwa, Al Madina Takaful and Bank Muscat gained by 1.11 per cent, 0.97 per cent, and 0.53 per cent respectively. Bank Sohar being the biggest loser and was down by 1.43 per cent followed by Al Anwar Holdings, HSBC Bank Oman and Bank Dhofar which declined by 1.33 per cent, 0.84 per cent and 0.58 per cent respectively.
Industrial Index ended the day’s session at 6082.65 points, up by 0.07 per cent. National Aluminum was the only gainer in the sector and was up by 2.41 per cent to close at OMR0.340. While Voltamp Energy was and the only loser and was down by 0.68 per cent to close at OMR0.290.
Services Sector Index up by 0.06 per cent to close at 2,457.13 points.
Times of Oman
The MSM30 index ended higher on Wednesday and closed at 4,389.44 points, up by 0.37 per cent. MSM Sharia Index closed at 606.15 points, up by 0.07 per cent. Bank Muscat was the most active in terms o
Times of Oman
Emirates NBD shares fell on Wednesday, extending losses for the eighth session, as traders shifted to other banks like Dubai Islamic Bank and First Abu Dhabi Bank.
Emirates NBD closed 2.28
The Dubai Financial Market (DFM) on Wednesday announced that its local public listed companies have recorded a 100 per cent compliance regarding the disclosure of Q2-2018 results within the deadline
The Gulf Today
The MSM30 index ended lower on Tuesday and closed at 4,373.08 points, down by 0.20 per cent. MSM Sharia Index closed at 605.72 points, up by 0.04 per cent. Oman Cement was the most active in terms of
Times of Oman
Emirates NBD weighed on the Dubai index for a third straight day on Tuesday, and even strong second quarter results from Emaar failed to cheer the market.
The Dubai Financial Market General