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Omani bourse closes down on financial sector

Omani bourse closes down on financial sector
The Muscat Securities Market (Photo credit: Arabianeye - Reuters)

Mubasher: The Muscat Securities Market (MSM) ended Wednesday’s session in red as its benchmark MSM 30 declined 0.21% or 12.41 points to 5,826.46 points.

The Shariah index, however, rose 0.16% to the level of 886,49 points.

Trading volume reached 11.89 million shares exchanged at OMR 1.88 million.

The industrial sector rose 0.12%, while the financial sector fell 0.32% and the services sector was flat.

Al Izz Islamic Bank and Oman Fisheries topped risers by adding 1.72% and 1.67% respectively, whereas Construction Materials Industries and Ahli Bank led decliners after falling by 3.13% and 1.74% respectively.

HSBC Oman was the most active stock with a trading volume of 4.24 million shares exchanged at OMR 428,500.