Oman's share index closes lower marginally

Business Wednesday 17/April/2019 16:40 PM
By: Times News Service
Oman's share index closes lower marginally

Muscat: The MSM30 index ended lower and closed at 3,977.19 points, down by 0.19 per cent. The MSM Sharia Index closed at 543.72 points, up by 0.57 per cent. Al Anwar Ceramic Tiles was the most active in terms of volume while Bank Muscat was the most active in terms of turnover. Construction Materials Ind., up 9.38 per cent, was the top gainer while the top loser was Muscat Finance, which lost 2.56 per cent.
A total number of 857 trades were executed during the day's trading session generating turnover of OMR3.51 million with more than 21.91 million shares changing hands. Out of 40 traded stocks, 11 advanced, 9 declined and 20 remained unchanged. At the session close, foreigners investors were net buyers for OMR255,000 followed by GCC and Arab investors for OMR174,000 worth of shares, while Omani investors were net sellers for OMR429,000.
Financial Index closed lower by 0.39 per cent at 6,468.88 points. Al Madina Investment, Gulf Invest Services Holding, Al Sharqia Investment Holding and Al Madina Takaful were up by 3.57 per cent, 3.51 per cent, 2.38 per cent and 1.08 per cent respectively. Muscat Finance, Bank Dhofar, National Bank Of Oman, Oman And Emirates Inv. Holding and Ahli Bank were down by 2.56 per cent, 2.26 per cent, 1.79 per cent, 1.09 per cent and 0.79 per cent respectively.
Industrial Index was higher by 0.85 per cent at 4,797.16 points. Al Anwar Ceramic Tiles, Raysut Cement and Oman Fisheries were up by 6.8 per cent, 1.8 per cent and 1.59 per cent respectively. Galfar Engineering and Oman Cement were down by 1.1 per cent and 0.78 per cent respectively.
Services Index closed at 2,014.62 points, up by 0.35 per cent. AL Jazeera Services, Renaissance Services and OIFC were up by 4.13 per cent, 2.4 per cent and 2.35 per cent respectively. Phoenix Power and Omantel were down by 1.14 per cent and 0.65 per cent respectively.