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The MSM30 Index declined 0.62 per cent to close at 4,875.42 points. The MSM Sharia Index ended at 691.14 points, down 0.74 per cent. Bank Muscat was the most active in terms of volume as well as turnover. Al Madina Investment was the top gainer, up 1.82 per cent, while National Aluminium was the day’s top loser, down 3.85 per cent.
A total number of 513 trades were executed on Monday, generating turnover of OMR1.77 million with 7.18 million shares changing hands. Out of 45 traded securities, 2 advanced, 22 declined and 21 remained unchanged. At the session close, Omani investors switched to net buyers for OMR127,000 while GCC & Arab investors were net sellers for OMR110,000 followed by Foreign investors for OMR17,000 worth of shares.
Financial Index closed at 7,281.02 points, down 0.51 per cent. Al Madina Investment and Oman Cement gained 1.82 per cent and 0.51 per cent respectively. Al Sharqia Investment, Oman & Emirates Holding, Al Madina Takaful, HSBC Bank Oman and Muscat Finance declined 3.51 per cent, 3.48 per cent, 2.17 per cent, 1.82 per cent and 1.79 per cent respectively.
Industrial Index declined 0.68 per cent to end at 6,711.60 points. National Aluminium, Al Maha Ceramics, Al Anwar Ceramics, Galfar Engineering and Oman Flour Mills decreased 3.85 per cent, 1.68 per cent, 1.57 per cent, 1.18 per cent and 1.09 per cent respectively.
Services Index ended at 2,563.41 points, down 0.65 per cent. Ooredoo, Al Jazeera Services, MCDC, Omantel and Al Suwadi Power declined 2.92 per cent, 2.30 per cent, 1.91 per cent, 1.60 per cent and 1.43 per cent respectively.
Times of Oman
The MSM30 index ended lower on Wednesday and closed at 4,485.06 points, down by 0.24 per cent. MSM Sharia Index closed at 622.01 points, down by 0.06 per cent. Bank Muscat was the most active in term
Times of Oman
Trade values dwindled on the UAE’s stock markets, with the main indices ending nearly flat on Wednesday amid a lack of catalysts to drive any strong trading activity.
The Dubai Financial Ma
Kuwait stocks slipped into red on Wednesday extending the losses to third straight session. The All Shares Index dropped 10.78 points in choppy session to 5118.62 points dragged by heavyweights even
The MSM30 index ended lower on Tuesday and closed at 4,495.69 points, down by 0.45 per cent. MSM Sharia Index closed at 622.37 points, down by 0.03 per cent. Bank Muscat was the most active in terms
Times of Oman
The UAE’s main stocks indices ended lower on Tuesday, albeit marginally, as sentiment remained sour amid concerns about emerging market stocks and currencies as well as trade tariffs.