Oman’s share index falls 22 points

      Published on Friday, 4 September , 2020      750 Views     
Oman’s share index falls 22 points

  • Business

The MSM index closed at 3,746.19 points, down 0.61 per cent from previous close.

The Sharia Index ended down 0.01. per cent at 522.76 points.

Al Maha Petroleum Products, up 3.90 per cent was the top gainer while Al Jazeera Steel, down 3.13 per cent, was the top loser.

Al Anwar Ceramic was the most active in terms of number of shares traded and also was the most active in terms of turnover.

A total number of 565 trades were executed during the day’s trading session, generating turnover of OMR0.9 million, with more than 7.6 million shares changing hands. Out of 37 traded stocks, 3 advanced, 16 declined and 18 remained unchanged. At the session close, foreign investors were net sellers for OMR161,000 while local investors were net buyers for OMR110,000 followed by local GCC & Arab for OMR50,000 worth of shares.

Financial Index closed by 0.78 per cent at, 6,067.17 points. HSBC Oman, Oman & Emirates Investment, Bank Muscat, Gulf Investment and Al Anwar Holding were down by 3.06 per cent, 2.04 per cent, 1.50 per cent, 1.47 per cent and 1.43 per cent respectively.

Industrial Index closed at 3,989.18 points, down 0.03 per cent. Al Anwar Ceramic was up by 1.90 per cent. Al Jazeera Steel, National Aluminium and Al Maha Ceramics were down by 3.13 per cent, 0.9 per cent and 0.48 per cent respectively.

Services index was down 0.07 per cent before closing at 1,573.25 points. Al Maha Petroleum Products and Al Jazeera Service were up by 3.90 per cent and 1.76 per cent respectively. Renaissance Service, Al Suwadi Power, National Gas, OIFC and Muscat City were down by 2.29 per cent, 1.82 per cent, 1.20 per cent, 1.05 per cent and 0.95 per cent respectively.

Category Business | 2020/09/04 latest update at 1:20 PM
Source : Times of Oman | Photocredit : Google
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