MSM index ends lower marginally

Muscat: The MSX index closed at 4,760.23 points, down by 0.54 percent from previous close. The Shariah Index ended down by 1.67 percent at 459.14 points. Voltamp Energy, up 3.18 percent, was the top gainer while, Dhofar Cattle Feed, down 8.62 percent, was the top loser. Shares of Bank Muscat were the most active in terms of number of shares traded as well as in terms of turnover.

A total number of 449 trades were executed during the day’s trading session, generating turnover of OMR9.8 million, with more than 18.75 million shares changing hands. Out of 41 traded securities, 6 advanced, 25 declined, and 10 remained unchanged.

At the session close, domestic investors were net buyers for OMR3716K while GCC & Arab investors were net sellers for OMR3585K, followed by foreign investors for OMR131K worth of shares.

Financial Index closed at 7,778.04 points, down 0.87 percent. Prices of  were up by  respectively. Prices of Oman & Emirates Investment, Al Sharqia Investment, Al Madina Investments, Takaful Oman, Muscat Finance were up by 3.23 percent, 2.82 percent, 2.56 percent, 1.96 percent, 1.89 percent respectively.

Industrial Index closed at 5,533.02 points, down 0.62 percent. Prices of Voltamp Energy, Gulf International Chemicals, Jazeera Steel Products, A’Saffa Foods were up by 3.18 percent, 2.94 percent, 2.94 percent, 2.76 percent respectively. Prices of Dhofar Cattle Feed, Oman Cables Industry, Oman Fisheries, Al Maha Ceramics, Raysut Cement were up by 8.62 percent, 6.54 percent, 6.00 percent, 5.60 percent, 0.76 percent respectively.

Services Index was down by 0.53% before closing at 1,645.45 points. Prices of Muscat Desalination, Oman Telecom were up by 2.44 percent, 0.98 percent respectively. Prices of Sembcorp Salalah, SMN Power Holding, Barka Water & Power Company, Oman Oil Marketing, Ooredoo were up by 3.85 percent, 2.63 percent, 2.44 percent, 1.21 percent, 0.51 percent respectively.