Oman – Mubasher: The Muscat Securities Market (MSM) closed Tuesday in the red amid a semi-collective decline of sectors. The MSM30 index shed 0.11% or 6.77 points and closed at 6,242 points, while Al Sharia Index retreated 0.17% to 992.57 points.

The industrial sector led fallers, sliding 0.12%, while the financial sector inched up 0.07%.

Turnover reached OMR 3.756 million as 18.988 million shares changed hands on Tuesday through 1,317 transactions, against OMR 5.08 million as 27.75 million shares were exchanged on Monday through 1,261 transactions.

A total of 48 companies traded today, of which 22 were in the red, 7 were in the green and 19 remained unchanged.

SMN Power topped gainers, rising 2.92%, while Majan Glass led fallers, plunging 7.17%. Phoenix Power was the most active in terms of traded volume with 10.6 million shares traded worth OMR 1.58 billion.