Mubasher: The Muscat Securities Market (MSM) ended the last week in September in the red zone as its benchmark MSM 30 declined by 0.69% or 40 points to the level of 5,726.2 points, compared to the 5,766.14 points last week.

Trading volume rose 288.5% to 204.37 million shares from 526 million shares exchanged a week ago, turnover also increased 154% to OMR 30.2 million from OMR 11.82 million.

The services and financial sectors declined this week by 0.82% and 0.47% respectively, while the industrial sector grew by 0.28%.

National Detergent was the week’s best performing stock after rising by 4.76%, while Port Services Corp topped the red list with a fall of 10.15%.

Phoenix Power led the week’s trading activity with a turnover OMR 18 million reached through exchanging 143.75 million shares.

The market capitalisation rose 0.09% to OMR 17.340 billion ($44.89 billion), compared to OMR 17.324 billion ($44.85 billion) last week.