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MSM end in green on all-sector rise

MSM end in green on all-sector rise
Photo Credit: Arabianeye-Reuters

 

By: Eslam Salem

Oman – Mubasher: The Muscat Securities Market (MSM) closed Wednesday at a rise, its third in a row, backed by all its sectors, particularly the industrial one.

The MSM30 index grew 0.32% or 20.42 points to 6,405 points, while Al-Shariah index added 0.27% to 985.89 points.

The industrial sector led risers, adding 0.38%.

Turnover reached OMR 2.703 million as 8.364 million shares changed hands through 675 transactions. A total of 47 companies were traded today, of which 12 declined, 15 gained and 21 remained unchanged.

Global Financial Investment led gainers, rising 3.64%, whereas Oman Textile Holding topped losers, plunging 8.61%.

Al Madina Investment was the most active in terms of traded value reaching 1.237 million shares, while Bank Muscat was the most active in terms of turnover reaching OMR 531,478 shares.

Translated by: Nada Adel Sobhi