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MSM30 closes in green, rises to January levels

MSM30 closes in green, rises to January levels
Photo Credit: Arabianeye - Reuters

Mubasher: The Muscat Securities Market’s main index, MSM 30, closed Monday’s session in green to reach levels not seen since early January.

By the end of the session, the index rose by 1.88%, adding 99.9 points to reach the level of 5,398.47 points.

The Sharia Index inched up 1.40% reaching the level of 833.35 points.

Turnover was OMR 7.32 million ($18.92 million), versus OMR 4.68 million ($12.1 million) by the end of Sunday's session.

A total of 41.6 million shares were traded in 2122 transactions, compared to 27.29 million shares exchanged in 1368 transactions during yesterday session.

The financial sector was the best performer as it grew 2.71% followed by industrial (+1.45%), then services (+1.03%).

In today's session, shares of 38 companies rose, 4 fell and 5 settled at the same previous closing levels.

United Power topped risers by 9.9%, whereas Dhofar International headed decliners with a fall of 3.54%.

Al Anwar Holdings topped trading with a liquidity of about OMR 1.17 million and with a volume 6.55 million shares.