Muscat Securities Market (MSM) indices declined during the first session in September as the benchmark index shed 0.15% or 11.22 pts, closing at 7355.94 pts. Moreover, Al Sharia Index fell 0.17% to 1070.31 pts.

Market value lost OMR 17 million to OMR 15.389 billion, down from OMR 15.406 million, yesterday.

Liquidity declined on Monday as turnover reached OMR 5.44 million against OMR 6.66 million on Sunday, as around 12 million shares were traded through the execution of 963 transactions against 27.8 million shares through 950 transactions yesterday.

Investors traded on the stocks of 51 companies, of which 17 gained, 8 declined and 26 remained unchanged.

Market sectors rose collectively led by the financial sector, which added 0.37% followed by the industrial and services sectors, which gained 0.04% and 0.20%, respectively.

Oman Telecommunication led losers after falling 1.99% to OMR 1.725, followed by Sohar Power and Bank Dhofar, which lost 1.05% and 1.04% to OMR 0.376 and OMR 0.382, respectively.

Meanwhile, Al Madina Investment led gainers after adding 3.23% to OMR 0.096, followed by Oman and Emirates Investment Holding and Sembcorp Salalah, which rose by 2.89% and 1.04% to OMR 0.376 and OMR 0.382, respectively.