Shares decline on Muscat bourse

Business Sunday 22/October/2017 16:29 PM
By: Times News Service
Shares decline on Muscat bourse

Muscat: Shares on the Muscat Securities Market (MSM) reacted amid selling pressure in blue chip stocks. The general index – MSM 30 – declined by 20.69 points to close at 5,046.11 points.
The investor sentiment was generally weak with hardly any positive announcement from corporate sector.
The market witnessed a turnover of OMR1.33 million, amid 8.1 million shares changing hand.
The major gainers were Al Madina Investment, Alizz Islamic Bank and Ahli Bank, while the major losers were National Gas, Renaissance Services and Oman and Emirates Investment Holding.