MSX index ends marginally higher

Business Sunday 06/February/2022 16:21 PM
By: United Securities
MSX index ends marginally higher

Muscat: The MSX index closed at 4,132.16 points, up by 0.11 per cent from the previous close. The Sharia Index ended down by 0.49 per cent at 503.83 points.

Oman & Emirates Holding, up 9.09 per cent, was the top gainer while, Sembcorp Salalah, down 2.74 per cent, was the top loser. Shares of the National bank of Oman were the most active in terms of the number of shares traded as well as in terms of turnover.

A total number of 344 trades were executed during the day's trading session, generating a turnover of OMR5.05 million, with more than 24.54 million shares changing hands. Out of 41 traded securities, 12 advanced, 11 declined and 18 remained unchanged. At the session close, domestic investors were net buyers for OMR216,000 while GCC & Arab investors were net sellers for OMR130,000 followed by foreign investors for OMR86,000 worth of shares.

Financial Index closed at 6,583.4 points, up 0.09 per cent. Prices of Oman & Emirates Investment, Vision Insurance, Al Anwar Investment, Ahli Bank, and Bank Muscat were up by 9.09 per cent, 3.53 per cent, 3.49 per cent, 1.67 per cent, and 0.76 per cent respectively. Prices of Ominvest, Muscat Finance, United Finance, and Bank Nizwa were down by 1.91 per cent, 1.67 per cent, 1.52 per cent, and 1.01 per cent respectively.

Industrial Index closed at 5,766.16 points, up 0.24 per cent. Prices of Al Anwar Ceramics, Al Maha Ceramics, and Voltamp Energy were up by 2.79 per cent, 2.18 per cent, and 1.12 per cent respectively. Prices of National Aluminium, Raysut Cement, and Jazeera Steel Products were down by 2.68 per cent, 2.12 per cent and 0.51 per cent respectively.

Services Index was up by 0.24 per cent before closing at 1,605.69 points. Prices of Phoenix Power, Al Jazeera Services, and Ooredoo were up by 4.26 per cent, 2.67 per cent, and 1.13 per cent respectively. Prices of Sembcorp Salalah, Oman Telecom, Oman National Engineering and OIFC were down by 2.74 per cent, 0.99 per cent, 0.83 per cent and 0.64 per cent respectively.