Financial, Services stocks drag MSM 30 down at open

Mubasher: The MSM 30 index of the Muscat Securities Market fell at Sunday’s open by 0.02% or 1.07 point to the level of 5,735.44 points.

By 11:28am Muscat time, trading volume reached 6.9 million shares exchanged through 168 transactions, making a turnover of OMR 1 million.

The service sector dropped 0.08% due to a 0.68% decrease in Phoenix Power.

The financial sector declined 0.06% as Al Izz Bank topped losers with a 1.41% fall and HSBC Oman shrank 0.85%.

On the other hand, the industrial sector rose 0.27%, backed by an increase of 2.48% in Gulf International Chemicals, the best performing stock, and 2.04% in Al Maha Ceramic.

Mubasher Contribution Time: 25-Dec-2016 08:34 (GMT)
Mubasher Last Update Time: 25-Dec-2016 08:34 (GMT)