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The MSM30 index ended lower on Sunday and closed at 4593.87 points, down by 0.36 per cent. MSM Sharia Index closed at 658.87 points, down by 0.12 per cent. Galfar Engineering and construction was the most active in terms of volume while Rennaisance Services was the most active in terms of turnover. The top gainer of the day was Ooredoo, up by 1.57 per cent, while Oman and Emirates Investment Holding, down by 4 per cent, was the top loser of the day.
A total number of 405 trades were executed during the day's trading session generating turnover of OMR2.18 million with more than 8.90 million shares changing hands. Out of 35 traded stocks, 5 advanced, 14 declined and 16 remained unchanged. At the session close, GCC & Arab investors were net sellers for OMR261,000 worth of shares followed by the Foreign Investors for OMR221,000, while Omani investors were net buyers for OMR482,000 worth of shares.
Financial Index lost 0.76 per cent to close at 7149.06 points. Muscat Finance and Bank Muscat were up by 1.14 per cent and 0.53 per cent respectively. Oman and Emirates Investment Holding, Al Anwar Holding, Bank Nizwa, Al Madina Takaful, and Bank Dhofar were down by 4 per cent, 2.74 per cent, 2.17 per cent, 1.9 per cent, and 1.16 per cent respectively.
Industrial Index lost by 0.34 per cent to close at 6096.30 points. Oman Flour Mills was the only gainer and was up by 1.55 per cent. Al Jazeera Steel Products, Oman Fisheries and Raysut Cement were down by 2.56 per cent, 1.75 per cent and 1.67 per cent respectively.
Services Sector Index gained by 0.02 per cent to close at 2,460.99 points. Ooredoo and Renaissance Services were up by 1.57 per cent and 1.52 per cent respectively. Al Suwadi Power, National Gas, Oman Telecommunication and Oman Investment and Finance were down by 1.72 per cent, 1.71 per cent, 1.06 per cent and 0.88 per cent respectively.
Times of Oman
Trading activity remained poor with Renaissance Day holiday scheduled for Monday. The MSM30 index declined 0.34 per cent to close at 4,433.06 points. The MSM Sharia Index ended at 626.47 points, down
Times of Oman
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Oman Daily Observer