Muscat Securities Market Muscat Securities Market

4,448.77 -8.00 -0.18 %

Oman share index ends lower

(7/5/2018 8:17:00 AM)

The MSM30 index ended lower on Wednesday and closed at 4522.88 points, down by 0.29 per cent. MSM Sharia Index closed at 646.58 points, down by 0.36 per cent. Renaissance Services was the most active in terms of volume and in terms of turnover. The top gainer of the day was Renaissance Services, up by 1.82 per cent. Wednesday's top loser was Al Jazeera Services lower by 5.00 per cent.

A total number of 219 trades were executed during the day's trading session generating turnover of OMR632,000 with more than 2.73 million shares changing hands. Out of 22 traded stocks, 1 advanced, 9 declined and 12 remained unchanged. At the session close, Omani investors were net buyers for OMR128,000 worth of shares followed by the GCC & Arab investors for OMR31,000, while Foreign Investors were net sellers for OMR160,000 worth of shares.

Financial Index lost 0.41 per cent to close at 7,002.52 points. There were no gainers. Ominvest, Al Madina Takaful, Al Anwar Holding and Bank Muscat were down by 2.78 per cent, 2.00 per cent, 0.80 per cent and 0.53 per cent respectively.

Industrial Index lost 0.45 per cent to close at 6024.19 points. There were no gainers. Voltamp Energy, Oman Cement and Galfar Engineering were down by 2.22 per cent, 2.06 per cent and 1.82 per cent respectively.

Services Sector Index gained 0.02 per cent to close at 2,427.36 points. Renaissance Services was up by 1.82 per cent. Al Jazeera Services and OIFC were down by 5.00 per cent and 1.80 per cent respectively.

Times of Oman