MSX index ends marginally lower

Business Tuesday 25/January/2022 16:49 PM
By: United Securities
MSX index ends marginally lower

Muscat: The MSX index closed at 4,178.99 points, down by 0.55 per cent from the previous close. The Sharia Index ended up by 0.03 per cent at 512.81 points.

Aman Real Estate, up 6.67 per cent was the top gainer while, Dhofar Cattle Feed down 9.52 per cent, was the top loser. Shares of Ominvest were the most active in terms of the number of shares traded while Bank Muscat were the most active in terms of turnover.

A total number of 454 trades were executed during the day's trading session, generating a turnover of OMR2.62 million, with more than 10.6 million shares changing hands. Out of 46 traded securities, 8 advanced, 12 declined and 18 remained unchanged. At the session close, foreign investors were net sellers for OMR30,000 while GCC & Arab investors were net buyers for OMR29,000 followed by domestic investors for OMR1,000 worth of shares.

Financial Index closed at 6672.35 points, down by 0.48 per cent. Prices of Bank Muscat, Vision Insurance, Muscat Finance, Ahli Bank, and Sohar International Bank were up by 0.39 per cent, 0 per cent, 0 per cent, 0 per cent, and 0 per cent respectively. Prices of Al Omaniya Financial Services, Al Anwar Investment, Ominvest, Global Financial Investments, and Taageer Finance were down by 2.26 per cent, 2.22 per cent, 1.95 per cent, 1.49 per cent, and 1.19 per cent respectively.       

Industrial Index closed at 5822.52 points, down by 0.66 per cent. Prices of Dhofar Cattle Feed, Oman Fisheries, Raysut Cement, National Aluminium, and Jazeera Steel Products were down by 9.52 per cent, 3.77 per cent, 3.06 per cent, 1.7 per cent, and 1.5 per cent respectively.           

Services Index was down by 0.61 per cent before closing at 1637.38 points. Prices of Al Jazeera Services, National Gas, Al Jazeera Preference Shares, Al Maha Marketing, and Shell Oman Marketing were up by 2.42 per cent, 0 per cent, 0 per cent, 0 per cent, and 0 per cent respectively. Prices of Sembcorp Salalah, Phoenix Power, Dhofar Generating, Ooredoo, and Oman Telecom were down by 2.53 per cent, 2.04 per cent, 1.64 per cent, 1.6 per cent, and 1.03 per cent respectively.