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MSM loses 81 pts in week

MSM loses 81 pts in week
Market cap lost 0.47% to reach OMR 17.9 billion
FSPI
FSCI
0.00% 0.18 0.00
Jazeera Steel
ATMI
0.00% 0.27 0.00

UFC
UFCI
-1.72% 0.06 -0.00
ONEIC
ONES
0.00% 0.12 0.00
BWPC
BWPC
19.79% 0.12 0.02

Mubasher: The main index of Muscat Securities Market (MSM) fell 1.48% or 80.64 points to reach 5,354.77 points in the week ended 8 June.

The industry sector topped the losing sectors and levelled down 1.61%, followed by the financial and services sectors which went down 1.32% and 1.3%, respectively.

Financial Services led the worst performers and retreated 41.67%, followed by Oman National Engineering and Al Jazeera Steel Products by 7.69% and 5.88%, respectively.

On the other hand, United Finance topped the best performers and rose 14.17%, followed by Acwa Power Barka and Al Batinah Development which advanced 4.71% and 3.3%, respectively.

Trading volume retreated 24.8% to 71.94 million shares this week, compared to 95.66 million shares last week.

Turnover decreased 3.9% to OMR 13.41 million, compared to OMR 13.95 million.

Market cap lost 0.47% to reach OMR 17.9 billion.