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MSM's rising trend continues for 4th session

MSM's rising trend continues for 4th session
Photo Credit: Arabianeye-Reuters

Mubasher: Muscat Securities Market (MSM) saw an upward trend for the fourth session in a row on Monday, spurred by all sectors.

MSM 30 rose 0.52% or 30.91 points to close at 5,963.11 points. Meanwhile, Shariah index declined 0.07% to 912.42 points.

Turnover reached OMR 7.16 million after 33.92 million shares were traded through 1,962 transactions.

The banks sector topped gainers after adding 0.74%, followed by the services and industrial sectors at 0.65% and 0.07%, respectively.

Oman and Emirates Investment Holding led risers after gaining 6.60%, while Al Madina Investment Company was the worst performer after falling 3.23%.

Al Anwar Holdings was the most active company with trading volume reaching 5.5 million shares, while Bank Muscat came in first in terms of value as it made OMR 1.33 million.