11/12/2017 06:18 AST
Shares on the Muscat bourse edged down with the MSM30 Index closing the session at 5,062.61 points, down by 0.07 per cent. The MSM Sharia Index ended at 710.34 points, down by 0.37 per cent. Phoenix Power was the most active in terms of volume as well as in terms of turnover. The top gainer was Al Madina Investment, up by 1.85 per cent, while the top loser was Al Izz Bank, with a loss of 3.03 per cent.
A total number of 340 trades were executed on Sunday, generating a turnover of OMR1.12 million with 5.90 million shares changing hands. Out of 32 traded securities, 4 advanced, 10 declined, and 18 remained unchanged. Omani investors were net buyers for OMR446,000 followed by foreign investors for OMR63,000 while GCC and Arab investors were net sellers for OMR509,000 worth of shares.
Financial Index ended little changed at 7,399.20 points, up by 0.01 per cent. Al Madina Investments, Bank Muscat and Gulf International Chemicals gained 1.85 per cent, 0.51 per cent and 0.45 per cent, respectively. Al Izz Bank, Oman Qatar Insurance, Al Sharqia Investments, Al Madina Takaful and Muscat Finance declined by 3.03 per cent, 1.99 per cent, 1.87 per cent, 1 per cent and 0.91 per cent, respectively.
Industry Index declined by 0.09 per cent to end at 6,767.55 points. Al Maha Ceramics, up by 0.36 per cent, was the sole sector gainer. Oman Cables and Raysut Cement decreased 1.27 per cent and 0.49 per cent, respectively.
Services Index closed at 2,560.48 points, down by 0.09 per cent. Sohar Power, Ooredoo and Al Jazeera Services lost 2.55 per cent, 0.75 per cent and 0.69 per cent, respectively.
Times of Oman
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