MSX index ends lower

Muscat: The MSX index closed at 4,830.77 points, down by 0.16 per cent from the previous close. The Sharia Index ended down by 0.06 per cent at 498.49 points.

Gulf International Chemicals, up 7.14 per cent, was the top gainer while Oman Chlorine, down 9.43 per cent, was the top loser. Shares of Bank Muscat were the most active in terms of the number of shares traded as well as in terms of turnover.

A total number of 395 trades were executed during the day's trading session, generating a turnover of OMR3.79 million, with more than 17.77 million shares changing hands. Out of 43 traded securities, 8 advanced, 14 declined, and 21 remained unchanged. At the session close, GCC & Arab investors were net buyers for OMR15,000 while domestic investors were net sellers for OMR11,000, followed by foreign investors for OMR4,000 worth of shares.

Financial Index closed at 7,814.05 points, down 0.1 per cent. Prices of Al Anwar Investment and Bank Dhofar were up by 1.19% and 0.59 per cent respectively. Prices of Global Financial Investments, Bank Muscat, Oman & Emirates Investment, Al Omaniya Financial Services, and National Life & General Insurance were down by 7.14 per cent, 1.41 per cent, 1.33 per cent, 0.71 per cent and 0.59 per cent respectively.

Industrial Index closed at 6,344.41 points, down 0.88 per cent. Prices of Gulf International Chemicals, A'Saffa Foods and Gulf Mushroom Products up by 7.14 per cent, 2.18 per cent and 0.82 per cent respectively. Prices of Oman Chlorine, Jazeera Steel Products, Raysut Cement, Galfar Engineering, and Oman Fisheries were down by 9.43 per cent, 6.84 per cent, 3.49 per cent, 2.35 per cent and 1.91 per cent respectively.

Services Index was down by 0.08 per cent before closing at 1,614.11 points. Prices of SMN Power Holding and Phoenix Power were up by 2.44 per cent and 2.33 per cent respectively. Prices of Oman National Engineering, Sembcorp Salalah, Ooredoo and Al Jazeera Services were down by 1.79 per cent, 1.47 per cent, 0.47 per cent and 0.35 per cent respectively.