The MSX index closed at 4,084.28 points, down by 0.09 per cent from the previous close. The Sharia Index ended up by 0.23 per cent at 496.20 points.
Takaful Oman, up 9.52 per cent, was the top gainer while, Phoenix Power, down 6.00 per cent, was the top loser. Shares of United Finance were the most active in terms of the number of shares traded while Bank Muscat was the most active in terms of turnover.
A total number of 610 trades were executed during the day’s trading session, generating a turnover of OMR4.85 million, with more than 27.48 million shares changing hands. Out of 40 traded securities, 6 advanced, 15 declined and 19 remained unchanged. At the session close, Domestic investors were net buyers for OMR551,000 while GCC & Arab investors were net sellers for OMR300,000 followed by foreign investors for OMR250,000 worth of shares.
Financial Index closed at 6462.36 points, down by 0.2 per cent. Prices of Takaful Oman, United Finance, Taageer Finance, Bank Muscat, and Vision Insurance were up by 9.52 per cent, 6.41 per cent, 3.7 per cent, 0.39 per cent, and 0 per cent respectively. Prices of Al Sharqia Investment, Global Financial Investments, Oman United Insurance, Muscat Finance, and Al Madina Takaful were down by 3.23 per cent, 2.67 per cent, 2.07 per cent, 1.56 per cent, and 1.03 per cent respectively.
Industrial Index closed at 5763.6 points, down by 0.15 per cent. The price of Oman Cables Industry, was up by 1.26 per cent. Prices of National Aluminium, Oman Fisheries, Galfar Engineering, Oman Chromite, and Raysut Cement were down by 3.19 per cent, 2.99 per cent, 1.41 per cent, 1.37 per cent, and 1.04 per cent respectively.
Services Index was down by 0.56 per cent before closing at 1638.33 points. The price of Oman Telecom was up by 0.99 per cent. Prices of Phoenix Power, Oman National Engineering, Al Batinah Power, Ooredoo, and Al Batinah Hotels were down by 6 per cent, 2.52 per cent, 2.04 per cent, 1.12 per cent and 0 per cent respectively.
Source:https://timesofoman.com/article/113555-msx-index-ends-marginally-lower-65