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Financial, services sectors drag MSM down in mid trade

Financial, services sectors drag MSM down in mid trade
The Muscat Securities Market (Photo credit: Arabianeye - Reuters)

Mubasher: The benchmark MSM 30 of the Muscat Securities Market fell in Tuesday’s mid trading by 0.08% or 4.56 points, compared to Monday’s closing

Trading volume amounted to 146,08 million shares exchanged through 175 transactions, making a turnover of OMR 18.49 million.

The financial sector declined 0.2% as Oman and Emirates Investment Holding topped decliners with a fall of 2.14%.

The services sector dropped 0.05% due to the fall in Al Jazeira Services and Phoenix Power by 0.98% and 0.68% respectively. The latter made the highest activity with a trading volume of 142,610 million shares and a liquidity of OMR 17.82 million.

The industrial sector also shrank by 0.02%.