Oman’s share index ends lower marginally

      Published on Friday, 28 May , 2021      267 Views     
Oman’s share index ends lower marginally

  • Business

The MSX index closed at 3,831.70 points, down 0.04 per cent from previous close.

The Sharia Index ended down 0.57 per cent at 549.70 points.

National Life Insurance, up 5.26 per cent, was the top gainer on Thursday while Oman Education Training, down 9.09 per cent, was the top loser. Shares of Bank Muscat were the most active in terms of number of shares traded as well as in terms of turnover.

A total number of 1,079 trades were executed during the day’s trading session, generating turnover of OMR3.4 million, with more than 17 million shares changing hands.

Out of 53 traded stocks, 23 advanced, 10 declined and 20 remained unchanged. At the session close, foreign investors were net sellers for OMR1 million while local’s investors were net buyers for OMR1 million followed by GCC & Arab investors for OMR9,000 worth of shares.

Financial Index closed at 5,952.37 points, up by 0.35 per cent. National Life Insurance, Muscat Finance, Oman & Emirates Holding, Al Sharqia Investment and Al Omaniya Financial Service were up 5.26 per cent, 4.55%, 4.17 per cent, 3.45 per cent and 2.78 per cent respectively. Al Madina Investment, HSBC Bank Oman, Oman Arab Bank and Bank Nizwa were down 4.55 per cent, 1.96 per cent, 1.94 per cent and 1.05 per cent respectively.

Industrial Index closed at 5,483.38 points, up 0.62 per cent. National Aluminum Product, Voltamp Energy, Jazeera Steel Product, Al Anwar Ceramic and Oman Cement were up 4.88 per cent, 3.45 per cent, 2.27 per cent, 1.26 per cent and 0.83 per cent respectively.



Services Index was down by 0.12 per cent closing at 1,616.76 points. Al Jazeera Service, Oman National Engineering, Renaissance Service, Al Suwadi Power and National Gas were up 4.47 per cent, 2.25 per cent, 1.95 per cent, 1.75 per cent and 1.39 per cent respectively. Oman Education Training, Al Maha Marketing, Muscat Gases, Phoenix Power and Oman Telecommunication were down 9.09 per cent, 3.51 per cent, 3.21 per cent, 2.04 per cent and 2.03 per cent respectively.

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Category Business | 2021/05/28 latest update at 3:00 PM
Source : Times of Oman | Photocredit : Google
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