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Oman share index ends lower

Business Sunday 12/August/2018 16:31 PM
By: Times News Service
Oman share index ends lower

Muscat: The MSM30 index ended lower on Sunday and closed at 4,406.35 points, down by 0.56 per cent. MSM Sharia Index closed at 605.87 points, down by 0.31 per cent. Al Anwar Holding was the most active in terms of volume while Phoenix Power was most active in terms of turnover. There were no gainers on Sunday. The top loser was Oman And Emirates Inv. Holding, which closed lower by 3.64 per cent.
A total number of 212 trades were executed during the day's trading session generating turnover of OMR303,000 with more than 2.59 million shares changing hands. Out of 27 traded stocks, 13 declined and 14 remained unchanged. At the session close, Foreign investors were net sellers for OMR8,000 worth of shares followed by the GCC & Arab investors for OMR71,000, while Omani investors were net buyers for OMR80,000 worth of shares.
Financial Index lost 0.44 per cent to close at 6,849.59 points. There were no gainers. Oman And Emirates Inv. Holding, Al Sharqia Investment Holding, Bank Dhofar, Muscat Finance and Gulf Investment Services were down by 3.64 per cent, 3.03 per cent, 2.41 per cent, 2.25 per cent and 2.22 per cent respectively.
Industrial Index lost 0.47 per cent to close at 5,513.24 points. There were no gainers. Oman Fisheries, Al Anwar Ceramic Tiles, Galfar Engineering and Oman Cement were down by 2.3 per cent, 2.11 per cent, 0.98 per cent and 0.53 per cent respectively.
Services Sector Index lost 0.35 per cent to close at 2,380.07 points. There were no gainers. Al Jazeera Services, Omantel and OIFC were down by 2.65 per cent, 2.59 per cent and 1.02 per cent respectively.