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MSM 30 index ended on a flat note at 7182.02 points, down by 0.09 per cent. MSM Shariah Index also declined marginally by 0.08 per cent at 1069.17 points.
Global Financial Investment was the most active in terms of volume as well as turnover. Bank Nizwa was the top gainer of the day with 1.22 per cent gain, while Al Madina Takaful was the top loser and closed down by 3.13 per cent.
Altogether 836 trades were executed on Monday's session generating a turnover of OMR6.58 million with over 28.23 million shares traded. Out of 58 traded stocks, 7 advanced, 25 declined and 26 were unchanged. At the session close, foreign investors were net buyers to the tune of OMR433,000 worth of shares, while Omani investors were net sellers at OMR338,000. Arab and GCC investors shares amounting to OMR95,000.
Financial Sector Index remains unchanged at 8762.87 points. Bank Nizwa, Ominvest and DIDIC increased by 1.22 per cent, 0.99 per cent and 0.36 per cent respectively. Al Madina Takaful, Al Sharqiya Investment, DBIH and Gul Investment Services declined by 3.13 per cent, 2.19 per cent, 1.91 per cent and 1.11 per cent respectively.
The Industrial Sector Index was down by 0.43 per cent at 10053.47 points. Oman Fisheries and Oman Cables increased by 1.10 per cent and 0.38 per cent respectively. Al Hassan Engineering, National Aluminium, Galfar Engineering and Gulf International Chemicals declined by 1.94 per cent,1.60 per cent ,1.54 per cent and 1.25 per cent respectively.
Services Sector Index was down by 0.15 per cent at 3665.57 points. Omantel and OIFC increased by 0.59 per cent and 0.38 per cent respectively. Renaissance Services, Sohar Power, Al Batinah Power and Al Suwadi Power declined by 1.29 per cent, 1.07 per cent, 0.59 per cent and 0.59 per cent respectively.
Times of Oman
Leading UAE banks have come to the bond market, and they are getting a warm response. Sharjah Islamic Bank priced its $500 million 5-year sukuk at LIBOR plus 285 bps, and received more than $3.4 bil
Domestic institutions’ strong penchant for buying Wednesday extended the bullish run on the Qatar Stock Exchange for the second straight session as its key index surpassed the 9,200 level.
Muscat Securities Market (MSM) general index (30) lost 7.1 points, comprising a decline by 0.20 per cent to close at 3,520.74 points, compared to the last session, which stood at 3,527.84 points.
Times of Oman
The MSM30 index ended lower on Monday and closed at 4,381.92 points, down by 0.55 per cent. MSM Sharia Index closed at 605.47 points, down by 0.07 per cent. Bank Nizwa was the most active in terms of
Times of Oman
The contagion impact from the crisis in Turkey was being felt in Dubai, along with other emerging markets.
The impact was felt largely through Emirates NBD, which recently entered an agreem