The MSM30 index ended lower amid thin trading activity to close at 4589.330 points, down by 0.15 per cent. MSM Sharia index closed at 656.530 points and down by 0.01 per cent. Al Madina Takaful was the most active in terms of volume and in terms of turnover. The top gainer of the day was Al Madina Investment, up by 2 per cent while Sharqiya Desalination down by 9.91 per cent was the top loser of the day.
A total number of 184 trades were executed during the day’s trading session generating turnover of OMR764,000 with more than 17 million shares changing hands. Out of 24 traded stocks, 2 advanced, 7 declined and 15 remained unchanged. At the session close, Omani investors and GCC investors were net buyers for OMR206,000 while Arab investors and foreign investors were net sellers for OMR3,000 and OMR203,000 worth of shares.
Financial Index lost by 0.27 per cent to close at 7189.260 points Al Madina investment and Al Madina Takaful gained by 2.00 per cent and 0.95 per cent respectively. Al Anwar Holding, HSBC Bank Oman, Al Sharqia Investment holding and Bank Muscat declined by 2.01 per cent, 0.86 per cent, 0.83 per cent and 0.53 per cent respectively.
Industrial Index ended the day’s session at 6103.04 points, down by 0.01 per cent.
Services Sector Index lost by 0.20 per cent to close at 2,455.04 points. Sharqiyah Desalination was the biggest loser, down by 9.91 per cent, followed by al Batinah Power and Renaissance services which declined by 2.61 per cent and, 0.51 per cent respectively.
-Times of Oman