MSX index ends marginally higher

Business Sunday 13/June/2021 15:18 PM
By: United Securities
MSX index ends marginally higher

Muscat: The MSX index closed at 4,040.45 points, up 0.26 per cent from the previous close. The Sharia Index ended down 0.35 per cent at 569.35 points.

Global Investment Holding, up 9.62 per cent, was the top gainer while Muscat Gases, down 5.24 per cent, was the top loser. Shares of Al Omaniya Financial Services were the most active in terms of the number of shares traded while Jazeera Steel Product was most active in terms of turnover.

A total number of 702 trades were executed during the day's trading session, generating a turnover of OMR10 million, with more than 13.6 million shares changing hands. Out of 51 traded stocks, 20 advanced, 9 declined and 22 remained unchanged. At the session close, domestic investors were net sellers for OMR8 million while foreign investors were net buyers for OMR8 million followed by GCC & Arab investors for OMR72,000 worth of shares.

Financial Index closed at 6,393.08 points, up 0.31 per cent. Global Investment Holding, Al Omaniya Financial Service, Ahli Bank, Oman United Insurance and Madina Takaful were up 9.62 per cent, 2.36 per cent, 1.77 per cent, 1.58 per cent and 1.03 per cent respectively. Oman Emirates Holding, Al Sharqia Investment and Bank Muscat were down 1.61 per cent, 0.99 per cent and 0.96 per cent respectively.

Industrial Index closed at 5,705.27 points, up 0.45 per cent. Gulf International Chemical, Al Anwar Ceramic, Oman Fisheries, Jazeera Steel Product and National Aluminum Product were up 7.58 per cent, 1.30 per cent, 1.22 per cent, 1.03 per cent and 0.74 per cent respectively.

Services Index was up by 0.35 per cent closing at 1,701.05 points. Al Jazeera Services, Renaissance Service, Sembcorp Salalah, Al Maha Marketing and Oman Telecommunication were up 2.33 per cent, 1.42 per cent, 1.23 per cent, 1.13 per cent and 1.01 per cent respectively. Muscat Gases, Al Batinah Power, Al Suwadi Power, Oman National Engineering and Oman Investment & Financials were down 5.24 per cent, 3.70 per cent, 3.57 per cent, 1.08 per cent and 0.94 per cent respectively.