Oman share index ends higher

Muscat: MSM30 Index ended higher at 4598.13 points, up by 0.15 per cent. MSM Sharia index closed at 653.49 points, up by 0.02 per cent. Galfar Engineering was the most active in terms of volume as well as turnover. The top gainer of the day was Galfar Engineering, up by 2.68 per cent while National Gas down by 2.22 per cent was the top loser of the day.
A total number of 638 trades were executed during the day's trading session generating turnover of OMR1.95 million with more than 14.77 million shares changing hands. Out of 29 traded stocks, 12 advanced, 4 declined and 13 remained unchanged. At the session close, Omani investors were net buyers for OMR161,000 while Foreign Investors switched to net sellers for OMR134,000 followed by GCC & Arab investors for OMR27,000 worth of shares.
Financial Index end on a flat to close at 7168.63 points, up by 0.53 per cent. HSBC Bank Oman, Al Madina Investment ,Gulf Investment Services and Bank Sohar gained by 1.98 per cent, 1.92 per cent, 1.92 per cent and 1.48 per cent respectively. Muscat Finance was the only loser and was down by 1.11 per cent to close at OMR0.089.
Industrial Index ended Tuesday's session at 6114.17 points, up by 0.38 per cent. Galfar Engineering and Oman Fisheries increased by 2.68 per cent and 1.75 per cent respectively.
Services Sector Index down by 0.25 per cent to close at 2,485.74 points. Suwadi Power and Muscat City Desalination gained by 0.84 per cent and 0.69 per cent respectively. Al Batinah Power was the only loser and was down by 0.83 per cent to close at OMR0.120.