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Blue chips push MSM 30 higher at close

Blue chips push MSM 30 higher at close
The Muscat Securities Market (Photo credit: Arabianeye - Reuters)

Mubasher: The Muscat Securities Market ended Thursday’s trading in green as its MSM 30 index rose 0.23% or 13.38 points to the level of 5,734.14 points.

The index was backed by the positive performance by blue chips as Sembcorp Salalah and Bank Dhofar advanced 2.56% and 2.48% respectively.

Trading volume increased to 19.6 million shares from 18.82 million shares exchanged on Wednesday, turnover also rose to OMR 5.92 million from OMR 5.53 million.

The financial, services and industrial sectors rose collectively by 0.52%, 0.1% and 0.06% respectively.

Port Services Corp, up 7.69%, topped gainers, whereas Al Hassan Engineering, down 5.66%, was the worst performing stock.

SMN Power made the highest turnover of OMR 2.2 million, while Oman Fisheries made the biggest trading volume activity with 4.89 million shares.