Muscat – Mubasher: Muscat Securities Market (MSM) extended its losing run to the third successive day, as it was hurt by the financials and services sectors.

The benchmark index lost 0.12%, or 7.36 points to close at 6323 points, while the Sharia Index rose 0.12% to 968.83 points.

Sectors were mostly in red, as they were led by financials that fell 0.29%, while industrials advanced by 0.15%.

Tuesday’s traded volume amounted to 14.987 million shares, exchanged in 770 transactions at a value of OMR 5.791 million.

Out of the 48 securities traded today, twenty moved down, eight moved up, while twenty others kept flat.

Oman Cement stock was the top gainer, rising 2.79%, while Financial Corporation was the biggest loser, falling 9.6%.

Bank Muscat topped actives with traded volume of 5.085 million shares, which were traded at OMR 2.696 billion.

Translated by Sayed Abdel Rahman