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MSM 30 down for 4th straight session

MSM 30 down for 4th straight session
Photo credit: The Muscat Securities Market

Mubasher: The benchmark MSM 30 index of the Muscat Securities Market ended Tuesday’s session falling by 0.16% or 8.59 points to the level of 5,522.86 points; its fourth decline in a row.

Trading volume increased to 9.46 million shares from 5.48 million shares exchanged on Monday, turnover also grew to OMR 2.29 million from OMR 1.259 million.

The industrial sector shrank 0.51% as Oman Cables Industry was the worst performing stock after falling by 6.23%.

The services sector declined 0.18% due to a 2.63% fall in Al Suwadi Power, and the financial sector dropped 0.11%.