MSM index ends higher

Muscat: The MSX index closed at 4,747.56 points, up by 0.35 percent from previous close. The Sharia Index ended up by 0.35 percent at 469.91 points. Al Omaniya Financial Services, up 9.56 percent, was the top gainer while, Sembcorp Salalah, down 3.03 percent, was the top loser. Shares of Sohar International Bank were the most active in terms of number of shares traded while Oman Telecom were the most active in terms of turnover.

A total number of 615 trades were executed during the day’s trading session, generating turnover of OMR2.82 million, with more than 12.84 million shares changing hands. Out of 44 traded securities, 17 advanced, 5 declined, and 22 remained unchanged. At the session close, domestic investors were net sellers for OMR210,000 while GCC & Arab investors were net buyers for OMR117,000, followed by foreign investors for OMR93,000 worth of shares.

Financial Index closed at 7,788.75 points, up 0.77 percent. Prices of Al Omaniya Financial Services, Oman & Emirates Investment, Al Madina Investments, Ahli Bank, United Finance were up by 9.56 percent, 4.29 percent, 4.26 percent, 2.67 percent, 1.72 percent respectively. Prices of Al Anwar Investment, Bank Nizwa, Bank Muscat were up by 2.35 percent, 2.08 percent, 0.36 percent respectively.

Industrial Index closed at 6,073.67 points, up 0.4 percent. Prices of Oman Fisheries, Galfar Engineering, Oman Refreshment were up by 7.41 percent, 2.21 percent, 0.65 percent respectively. Prices of A’Saffa Foods were up by 0.34 percent respectively. Services Index was up by 0.2 percent before closing at 1,688.93 points.

Prices of Al Jazeera Services, Musandam Power, Phoenix Power, Oman National Engineering, Oman Telecom were up by 4.44 percent, 3.57 percent, 1.52 percent, 0.95 percent, 0.82 percent respectively.