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Services, industry sectors push MSM up at Monday’s close

Services, industry sectors push MSM up at Monday’s close
(Photo Credit: Arabianeye-Reuters)

Mubasher: The main index of the Muscat Securities Market (MSM) ended Monday in the green zone after adding 0.11% or 5.68 points, reaching 5,413.43 points.

The index was affected by an increase in its leading stocks as Sembcorp Salalah Power and Water Company and Phoenix Power rose 2.13% and 1.49%, respectively.

The industry sector inched up 0.09% after Galfar Engineering and Contracting increased 1.27%.

The services sector gained 0.37% as Sohar Power grew 1.92% and Al Suwadi Power increased 0.56%.

The financial sector edged up 0.08% after Al Madina Takaful and Taageer Finance gained 2.65% and 0.91%, respectively.

On the flipside, Muscat Finance declined 0.84%.

Traded volume rose 19.46 million shares on Monday against 7.63 million shares on Sunday, while trading volume increased to OMR 2.59 million from OMR 1.53 million.