Muscat: The MSM 30 Index closed at 7296.30 points, down by 0.45 per cent. MSM Sharia Index also declined by 0.11 per cent at 1074.49 points.
Oman Investment and Finance Company was the most active in terms of volume as well as turnover. Areej Vegetable Oil and Derivatives was the top gainer with 10 per cent gain amid few trades, while Galfar Engineering, which lost the most, decreased by 6.70 per cent.
Altogether 1,075 trades were executed on Monday's session generating a turnover of OMR5.02 million with over 16.15 million shares traded. Out of 56 traded stocks, 11 advanced, 16 declined and 29 were unchanged. Omani investors were net buyers to the tune of OMR192,000 worth of shares followed by GCC & Arab investors at OMR74,000. Foreign investors sold shares amounting to OMR267,000.
Financial Sector Index down by 0.28 per cent at 8890.965 points. Bank Nizwa and United Finance increased by 1.21 per cent and 0.71 per cent respectively. Oman & Emirates, Bank Sohar, Al Sharqiya Invesmtent and Al Anwar Holding declined by 1.39 per cent, 1.15 per cent, 0.93 per cent and 0.65 per cent respectively.
The Industrial Sector Index up by 0.65 per cent at 10163.19 points. Areej Vegetable Oil & Derivatives, Oman Fisheries, Gulf International Chemicals and Al Hassan Engineering increased by 10 per cent, 5.49 per cent, 1.73 per cent and 1.32 per cent respectively. Galfar Engineering, Majan Glass and Raysut Cement declined by 6.74 per cent, 1.82 per cent and 1.61 per cent, respectively.
Services Sector Index was down by 0.06 per cent at 3668.00 points. Port Services, Renaissance Services and Al Batinah Power increased by 0.83 per cent, 0.66 per cent and 0.59 per cent respectively. OIFC, Oman National Engineering, Nawras and SMN Power Holding declined by 3.16 per cent ,1.24 per cent and 0.37 per cent respectively.
Meanwhile, emerging-market stocks rose for the first time in five days on bets subdued Chinese inflation data will give policy makers more room to boost stimulus and as tension eased in Ukraine.
China Construction Bank climbed the most in almost five months in Hong Kong. Sberbank rallied 4.5 per cent in Moscow after MSCI retained the shares in its Russia Index.