Oman's share index closes lower marginally

Business Wednesday 03/July/2019 16:54 PM
By: Times News Service
Oman's share index closes lower marginally

Muscat: MSM30 index closed at 3,824.92 points, down 0.87 per cent. The Sharia Index also closed down by 0.17 per cent at 537.27 points. Contruction Materials , up 11.43 per cent, was the top gainers while Renaissance Service, down 19.23 per cent was the top loser. while Renaissance Service was the most active in terms of number of shares traded as well as turnover.
A total number of 359 trades were executed during the day's trading session generating turnover of OMR2.115 million with more than 10.98 million shares changing hands. Out of 29 traded stocks, 3 advanced, 11 declined and 15 remained unchanged. At the session close, Omani investors were net sellers for OMR175,000, while foreign investors were net buyers for OMR104,000, followed by foreign investors for OMR71,000 shares.
Financial Index closed at 6,279.77 points, down 0.07 per cent. Al Ahli bank was up by 0.88 per cent. Gulf investment service, Al Madina Takaful and Bank Dhofar were down 4.69 per cent, 1.19 per cent, and 0.72 per cent respectively.
Industrial Index closed at 4,583.01 points, down 0.31 per cent. Construction Material was up 11.43 per cent. Galfar Engineering and Al Anwar Ceramic were down by 2.44 per cent and 0.93 per cent respectively.
Services index was down 1.91 per cent before closing at 1,859.58 points. National Gas was up 1.32 per cent. Renaissance service, OIFC, Dhofar Generaing and Ooredoo were down 19.23 per cent, 2.22 per cent, 0.53 per cent and 0.43 per cent respectively.