MSX index ends lower

Muscat: The MSX index closed at 4,553.15 points, up by 0.11% from previous close. The Sharia Index ended down by 0.14% at 416.85 points. National Gas, up 5.33%, was the top gainer while, Majan Glass, down 38.46%, was the top loser. Shares of OQEP were the most active in terms of number of shares traded as well as in terms of turnover.

A total number of 954 trades were executed during the day’s trading session, generating turnover of OMR3.81 million, with more than 16.91 million shares changing hands. Out of 46 traded securities, 13 advanced, 13 declined, and 20 remained unchanged. At the session close, domestic investors were net buyers while foreign investors were net sellers for OMR695,000, followed by GCC & Arab investors for OMR335,000 worth of shares.

Financial Index closed at 7,627.83 points, up 0.03%. Prices of Al Anwar Investment, Sohar International Bank, Oman Arab Bank were up by 1.54%, 1.50%, 0.69% respectively. Prices of Al Madina Investments, Oman & Emirates Investment, National Bank Oman, Bank Nizwa were down by 9.43%, 1.41%, 1.39%, 1.03% respectively.

Industrial Index closed at 5,251.40 points, down 0%. Prices of Salalah Mills were up by 1.04% respectively. Prices of Majan Glass, Oman Fisheries were down by 38.46%, 11.43% respectively.

Services Index was up by 0.77% before closing at 1,735.17 points. Prices of National Gas, Al Maha Markting, Oman National Engineering, Barka Water & Power Company, Oman Telecom were up by 5.33%, 4.81%, 1.75%, 1.27%, 0.75% respectively. Prices of Oman Education & Training, Barka Desalination, Renaissance Services, Ooredoo were down by 4.63%, 0.80%, 0.53%, 0.41% respectively.