Oman's share index closes lower marginally

Business Wednesday 10/July/2019 15:37 PM
By: Times News Service
Oman's share index closes lower marginally

Muscat: MSM30 index closed at 3,812.99 points, down 0.29 per cent. The Sharia Index also closed down by 0.23 per cent at 535.69 points. Dhofar Cattle Feed, was 10.37 per cent the top gainer while Al Omaniya Financial, down 2 per cent was the top loser. Gulf Investment was the most active in terms of number of shares traded and turnover as well.
A total number of 620 trades were executed during the day's trading session generating turnover of OMR1.934 million with more than 21.921 million shares changing hands. Out of 38 traded stocks, 7 advanced, 11 declined and 20 remained unchanged. At the session close, GCC & Arab investors were net buyers for OMR83,000, while local investors were net sellers for OMR42,000 followed by foreign investors for OMR40,000 worth of shares.
Financial Index closed at 6,254.76 points, down 0.40 per cent, Gulf Investment, Al Sharqia Investment, Oman and Emirates and Al Anwar Holding were up 7.94 per cent, 2.60 per cent, 1.28 per cent and 01.03 per cent respectively. Al Omaniya Financial, Sohar International Bank, Muscat Finance, Alizz Bank, and HSBC Oman were down by 2.0 per cent, 1.83 per cent, 1.54 per cent, 1.25 per cent and 0.88 per cent respectively.
Industrial Index closed at 4,561.25 points, down 0.05 per cent. Dhofar Cattle feed was up 10.37 per cent. Oman Fisheries was down 1.39 per cent.
Services index up 0.01 per cent before closing down at 1,867.41 points. OIFC and Sembcorp Power were up 1.12 per cent and 0.97 per cent respectively. Al Batinah Power and Shell Oman were down by 1.35 per cent and 0.93 per cent.