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Profit taking on select stocks weighed on the MSM30 Index, which closed at 5,114.12 points, down 0.30 per cent. The MSM Sharia Index closed at 748.93 points, down 0.07 per cent. Galfar Engineering was the most active in terms of volume while Bank Muscat led in terms of turnover. Oman Flour Mills, up 3.11 per cent, was top gainer while Al Maha Ceramics was top loser, down 2.22 per cent.
A total number of 672 trades were executed on Tuesday, generating turnover of OMR2.24 million with 15.1 million shares changing hands. Out of 42 traded securities, 12 advanced, 16 declined and 14 remained unchanged. Foreign Investors were net buyers for OMR55,000 while Omani Investors switched to net sellers for OMR49,000 followed by GCC and Arab Investors for OMR6,000 worth of shares.
Financial Index declined 0.21 per cent to close at 7,467.71 points. United Finance, Bank Muscat, Taageer Finance and Ominvest increased 3.05 per cent, 1.04 per cent, 0.88 per cent and 0.44 per cent respectively. Al Batinah Development, Vision Insurance, Bank Sohar, Gulf Investment Services and Ahli Bank lost 2.17 per cent, 1.45 per cent, 1.27 per cent, 1.16 per cent and 1.14 per cent respectively.
Industrial Index ended at 6,971.63 points, up 0.53 per cent. Oman Flour Mills, Voltamp Energy, Galfar Engineering, Al Jazeera Steel and Raysut Cement gained 3.11 per cent, 2.55 per cent, 2.33 per cent, 1.57 per cent and 0.89 per cent respectively. Al Anwar Ceramics, Oman Fisheries and Al Maha Ceramics decreased 2.22 per cent, 1.75 per cent and 0.34 per cent respectively.
Services Index retreated 0.59 per cent to finish at 2,564.40 points. Sohar Power and National Gas increased 2.58 per cent and 1.05 per cent respectively. Port Services, Al Jazeera Services, Renaissance Services, Ooredoo and Phoenix Power declined 1.98 per cent, 1.89 per cent, 1.71 per cent, 1.23 per cent and 0.83 per cent respectively.
Times of Oman
Shares on the Muscat bourse firmed up on support from retail investors. MSM30 index closed on a flat note at 5,078.03 points, marginally up by 0.02 per cent. The MSM Sharia Index ended at 724.78 poin
Times of Oman
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