Saturday 23 / November / 2024
Muscat: Regional headwinds weighed on local markets as the MSM30 Index declined 0.64 per cent to 4,934.23 points. The MSM Sharia Index closed at 801.99 points, down 0.52 per cent. Al Batinah Power was the most active in terms of volume as well as turnover. Port Services, up 4.35 per cent was the top gainer while Al Anwar Holding was the top loser, down 5.30 per cent.
As many as 484 trades were executed on Tuesday, generating turnover of OMR3.76 million with 17.4 million shares changing hands. Out of 32 traded securities, six advanced, 13 declined and 13 remained unchanged. Omani Investors were net buyers for OMR450,000 followed by GCC & Arab Investors for OMR113,000 while Foreign Investors remained net sellers for OMR564,000 worth of shares.
Financial Index reversed course to finish at 5,858.23 points, down 0.72 per cent. Al Anwar Holding, Oman United Insurance, Bank Muscat, Al Izz Bank and Al Madina Takaful declined 5.30 per cent, 2.38 per cent, 1.96 per cent, 1.79 per cent and 1.41 per cent respectively.
Industrial Index retreated 0.31 per cent to close at 6,415.95 points. Gulf International Chemicals, up 0.78 per cent was the only gainer. Oman Cables, National Aluminium and Al Maha Ceramics declined 2.28 per cent, 1.95 per cent and 0.58 per cent respectively.
Services Index closed negatively at 2,840.14 points, down 0.29 per cent. Port Services, Sembcorp Salalah, Phoenix Power, Al Batinah Power and National Gas gained 4.35 per cent, 1.04 per cent, 0.76 per cent, 0.53 per cent and 0.34 per cent respectively. Renaissance Services, OIFC, Omantel and Ooredoo decreased 3.42 per cent, 2.38 per cent, 1.38 per cent and 1.27 per cent respectively.
