MSM index rises in May

Business Saturday 06/June/2020 16:07 PM
By: Times News Service
MSM index rises in May

Muscat: Muscat Securities Market (MSM) general index (30) during May 2020 added 5.12 points, comprising a rise by 0.14 per cent to close at 3,544.58 points, compared to 3,539.46 points during April 2020.
The monthly bulletin released by MSM pointed out that the trading value during last May stood at OMR16,957,303, comprising a drop by 32.3 per cent, compared to OMR25,066,212 during April 2020.
The market value of the companies listed on the MSM during May 2020 increased by 0.91 per cent to reach about OMR18,403.010 million, compared to OMR18,237.190 million during April 2020.
The report added that the value of shares bought by non-Omani investors reached OMR6 million, comprising 33.43 per cent. The value of shares sold by non-Omani investors reached OMR6 million, comprising 37.36 per cent. The net non-Omani investment declined by 3.9 per cent to OMR700,000.