MSX index ends higher

Business Monday 19/September/2022 16:39 PM
By: United Securities
MSX index ends higher

Muscat: The MSX index closed at 4,470.06 points, up by 0.1 per cent from the previous close. The Sharia Index ended up by 1.39 per cent at 478.98 points.

DIDIC, up 8.28 per cent, was the top gainer while SMN Power Holding, down 7.9 per cent, was the top loser. Shares of Bank Dhofar 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 282 trades were executed during the day's trading session, generating a turnover of OMR0.91 million, with more than 5.17 million shares changing hands. Out of 34 traded securities, 13 advanced, 10 declined, and 11 remained unchanged. At the session close, foreign investors were net sellers for OMR110,000 while domestic investors were net buyers for OMR90,000, followed by GCC & Arab investors for OMR20,000 worth of shares.

Financial Index closed at 7,129.51 points, up 0.21 per cent. Prices of DIDIC, Al Madina Takaful, Sohar International Bank, Ahli Bank and Al Anwar Investment were up by 8.28 per cent, 3.41 per cent, 1.96 per cent, 1.56 per cent and 1.25 per cent respectively. Prices of Oman Qatar Insurance, National Bank Oman and Bank Muscat were down by 3.7 per cent, 3.23 per cent and 1.38 per cent respectively.

Industrial Index closed at 6,280.6 points, down 0.08 per cent. Prices of Al Maha Ceramics, Oman Cement and A'Saffa Foods were up by 3.29 per cent, 0.67 per cent and 0.37 per cent respectively. Prices of Jazeera Steel Products, Galfar Engineering and Oman Fisheries were down by 2.58 per cent, 1.82 per cent and 0.94 per cent respectively.

Services Index was up by 0.1 per cent before closing at 1,615.97 points. Prices of Al Jazeera Services, Sembcorp Salalah and Ooredoo were up by 8 per cent, 1.59 per cent and 0.51 per cent respectively. Prices of SMN Power Holding, Phoenix Power, Oman National Engineering and Renaissance Services were down by 7.9 per cent, 4.35 per cent, 1.79 per cent and 0.8 per cent respectively.