MSX index ends marginally lower

The MSX index closed at 4,044.86 points, down by 0.33 per cent from the previous close. The Sharia Index ended down by 1.12 per cent at 489.78 points.

Sembcorp Salalah, up 5.19 per cent, was the top gainer while, Al Jazeera Services, down 9.81 per cent, was the top loser. Shares of Vision Insurance were the most active in terms of the number of shares traded while Omantel was the most active in terms of turnover.

A total number of 499 trades were executed during the day’s trading session, generating a turnover of OMR1.87 million, with more than 10 million shares changing hands. Out of 45 traded securities, 8 advanced, 21 declined and 16 remained unchanged. At the session close, Domestic investors were net sellers for OMR336,000 while foreign investors were net buyers for OMR204,000 followed by GCC & Arab investors for OMR132,000 worth of shares.

Financial Index closed at 6410.24 points, down by 0.43 per cent. Prices of National Finance, Vision Insurance and Al Madina Takaful were up by 2.52 per cent, 1.91 per cent, 1.04 per cent respectively. Prices of Muscat Finance, Al Omaniya Financial Services, Global Financial Investments, Ominvest, and Al Anwar Investment were down by 3.23 per cent, 2.86 per cent, 1.39 per cent, 1.36 per cent, and 1.27 per cent respectively.

Industrial Index closed at 5693.21 points, down by 1.07 per cent. Prices of Oman Fisheries, Al Anwar Ceramics, Salalah Mills, Gulf International Chemicals, and Dhofar Cattle Feed were up by 1.45 per cent, 0.47 per cent, 0 per cent, 0 per cent, and 0 per cent respectively. Prices of National Aluminium, Raysut Cement, Al Maha Ceramics, Galfar Engineering, and Oman Cement were down by 5.5 per cent, 3.68 per cent, 3.49 per cent, 1.43 per cent, and 1.29 per cent respectively.

Services Index was down by 0.33 per cent before closing at 1627.88 points. Prices of Sembcorp Salalah, National Gas and Ooredoo were up by 5.2 per cent, 2.36 per cent, 2.29 per cent respectively. Prices of Al Jazeera Services, Oman National Engineering, OIFC, Renaissance Services, and Al Batinah Hotels were down by 9.81 per cent, 3.36 per cent, 1.99 per cent, 1.79 per cent, and 0 per cent respectively.

Source:https://timesofoman.com/article/113649-msx-index-ends-marginally-lower-66