MSM sees uptrend at Monday’s open

Mubasher: The Muscat Securities Market (MSM) saw a positive performance in Monday’s early trades.

The general index rose 0.11% or 6.24 points to reach 5,750.28 points by 10:40am Muscat time.

The industrial sector increased 0.62% as Oman Fisheries topped gainers with a 3.9% rise and generated OMR 261,480 from the exchange of 3.28 million shares.

The financial sector went up 0.27% after Oman and Emirates Investment Holding (OEIO), Bank Nizwa and Al Batinah Development and Investment Holding slid 2.7%, 2.3% and 4.04% respectively.

On the hand, the services sector was the only loser after falling 0.05% as Omantel declined 140.6%.

The market saw trading of 6.53 million shares through 236 transactions, with a turnover of OMR 724,740.

Mubasher Contribution Time: 16-Jan-2017 08:05 (GMT)
Mubasher Last Update Time: 16-Jan-2017 08:05 (GMT)