Mubasher TV
Contact Us Advertising   العربية

MSM falls 0.41% at close on industrial, financial stocks

MSM falls 0.41% at close on industrial, financial stocks
The Muscat Securities Market (Photo credit: Arabianeye - Reuters)

Mubasher: The Muscat Securities Market (MSM) ended Wednesday’s trading in the red zone as its benchmark MSM 30 index declined by 0.41% or 23.5 points to the level of 5,680.15 points.

Trading volume decreased to 9.82 million shares from 14.94 million shares exchanged on Tuesday, turnover also retreated to OMR 2.48 million from OMR 3.01 million.

The industrial sector dropped 0.8% as Al Anwar Ceramic Tiles topped losers with a 6.03% decrease and Oman Cement shrank 1.35%.

The financial sector fell 0.25% due to a decrease of 2.76% in Al Anwar Holdings and 1.84% in Bank Sohar.

On the flipside, the services sector grew by 0.04% as Renaissance Services led the green list by adding 4.29%.