Oman s share index ends marginally lower
By: United Securities
Muscat: The MSM index closed at 3,602.56 points, down 0.12 per cent from the previous close. The Sharia Index ended down 0.22 per cent at 508.16 points. Gulf Investment, up 4.0 per cent, was the top gainer today while Al Jazeera Steel, down 3.52 per cent, was the top loser. Shares of Gulf Investment were the most active in terms of the number of shares traded and Ominvest Perpetual Bonds was the most active in terms of turnover.
A total number of 444 trades were executed during the day s trading session, generating a turnover of OMR1.5 million, with more than 7.56 million shares changing hands. Out of 36 traded stocks, 7 advanced, 11 declined and 18 remained unchanged. At the session close, GCC & Arab investors were net buyers for OMR64,000 while local were net sellers for OMR61,000 followed by foreign investors for OMR3,000 worth of shares.