MSX index ends marginally higher

Business Wednesday 22/December/2021 16:07 PM
By: United Securities
MSX index ends marginally higher

Muscat: The MSX index closed at 4,109.99 points, up 0.86 per cent from the previous close. The Sharia Index ended up by 0.96 per cent at 535.45 points.

United Finance, was the top gainer 9.09 per cent while, Dhofar Generating down 8.11 per cent, was the top loser. Shares of Ominvest Perpetual Sukuk were the most active in terms of the number of shares traded as well as in terms of turnover.

A total number of 537 trades were executed during the day's trading session, generating a turnover of OMR4.04 million, with more than 14.67 million shares changing hands. Out of 52 traded securities, 26 advanced, 8 declined and 18 remained unchanged. At the session close, Domestic investors were net buyers for OMR180,000 while GCC & Arab investors were net sellers for OMR113,000 followed by foreign investors for OMR67,000 worth of shares.

Financial Index closed at 6,586.21 points, up 0.76 per cent.  United Finance, Muscat Finance, Ominvest, Global Investment Holding and Al Anwar Investment were up 9.09 per cent, 3.57 per cent, 3.33 per cent, 3.28 per cent and 3.26 per cent respectively. Oman & Qatar Insurance, Takaful Oman and Ahli Bank were down 1.89 per cent, 1.25 per cent and 0.85 per cent respectively.

Industrial Index closed at 6,045.75 points, up 0.79 per cent. Al Maha Ceramics, NAPI, Jazeera Steel Product, Raysut Cement and Oman Cement were up 5.49 per cent, 4.72 per cent, 3.45 per cent, 0.83 per cent and 0.41 per cent respectively. Oman Fisheries and Al Anwar Ceramics were down 5.17 per cent and 1.01 per cent respectively.

Services Index was up by 0.60 per cent before closing at 1,587.99 points. SMN Power Holding, Al Jazeera Services, Omantel, Phoenix Power and Ooredoo were up 4.65 per cent, 3.09 per cent, 2.21 per cent, 2.08 per cent and 1.68 per cent respectively. Dhofar Generating, Majan College and Al Batinah Power were down 8.11 per cent, 7.01 per cent and 2.08 per cent respectively.