Mubasher: The Muscat Securities Market (MSM) closed Wednesday in red as the benchmark MSM 30 fell 0.12% or 6.88 points to 5,952.46 points, and the Shariah index declined 0.03% or 0.28 points to 888.97 points.

The financial sector shrank 0.16% as Al Batinah Development and Investment Holding topped losers with a 4% decrease, and Al Sharqiya Investment Holding dropped 2.6%, while Global Financial Investment led gainers by adding 2.76%.

The services sector plummeted 0.61% as Renaissance Services fell 3.18%.

The industrial sector moved 0.17% down, pressured by the drop in Al Jazeera Steel Products by 3.14%.

Trading volume shrank to 17.28 million shares from 22.19 million shares exchanged yesterday.

Meanwhile, turnover increased to OMR 5.83 million from OMR 4.91 million on Tuesday.

Ominvest was the most active stock as 5.4 million shares were exchanged at OMR 3.02 million.

Translated by: Elwy el-Manzalawy