Oman’s share index ends higher marginally
December 18, 2017 | 5:06 PM
by United Securities
Muscat Securities Market. - Times file picture

Muscat: Oman’s benchmark MSM30 Index ended the session at 5,087.84 points, up 0.24 per cent. The MSM Sharia Index closed unchanged at 708.17 points. Oman Education & Training was the most active in terms of volume while Bank Muscat led in terms of turnover. Monday’s top gainer was Gulf International Chemicals, up 4.46 per cent, while the top loser was Al Izz Bank, down by 1.59 per cent.

A total number of 332 trades were executed on Monday, generating a turnover of OMR1.01 million with 5.28 million shares changing hands. Out of 35 traded securities, 11 advanced, 3 declined, and 21 remained unchanged. At the end of the trading session, Omani investors were net buyers for OMR78,000 while Foreign investors were net sellers for OMR76,000 followed by GCC & Arab investors for OMR2,000 worth of shares.

Financial Index advanced 0.30 per cent to finish at 7,449.64 points. Bank Dhofar, United Finance, Oman & Emirates Holding, Al Sharqia Investments and Bank Muscat gained 2.40 per cent, 1.48 per cent, 1.33 per cent, 0.93 per cent and 0.51 per cent respectively. Al Izz Bank and Al Anwar Holding lost 1.59 per cent and 0.68 per cent respectively.

Industry Index closed at 6,750.98 points, up 0.08 per cent. Gulf International Chemicals and Al Maha Ceramics increased 4.46 per cent and 1.85 per cent respectively. Oman Fisheries, down 0.69 per cent was the sole loser.

Services Index had gain of 0.40 per cent to end at 2,582.39 points. Port Services, Renaissance Services, OIFC and Oman National Engineering increased 3.41 per cent, 1.77 per cent, 0.72 per cent and 0.53 per cent respectively.

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