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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
Regardless of the shortened three-day trading week, the bear market continued in Dubai with the Dubai Financial Market General Index (DFMGI) falling 88.39 or 3.31 per cent to end at 2,580.27. This is
The Abu Dhabi index jumped the most in a year as markets adjusted post the MSCI rebalancing of FAB and Etisalat shares even as trading remained thin in other stocks.
The Abu Dhabi Securiti
Qatar stocks surged 1.45 percent yesterday lifting the entire sectoral indexes firmly into green, powered by blue chips. The benchmark index extended Monday’s gain to add 151.51 points before finishi
The Dubai Financial Market (DFM) signed a Memorandum of Understanding (MoU) with Awqaf and Minors Affairs Foundation (AMAF) in order to enhance cooperation and streamline joint procedures pertaining
The Gulf Today
The MSM30 index ended higher to close at 4450.19 points, up by 0.73 per cent. MSM Sharia Index closed at 607.64 points, up by 0.82 per cent. Bank Dhofar Rights Issue 2018 was the most active in terms
Times of Oman